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Chesapeake, WV vs Elizabeth, WV

68
Chesapeake
West Virginia
VS
+23.9%
55
Elizabeth
West Virginia

There is a significant gap in the cost of living between these two cities. Elizabeth is 23.9% cheaper than Chesapeake. With a cost index of 55 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elizabeth to Chesapeake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chesapeake is $979/month compared to $548/month in Elizabeth — a 79% difference. Interestingly, home values tell a different story: while Elizabeth has cheaper rent, Chesapeake actually has lower median home values ($83,100 vs $87,900).

Median household income in Chesapeake is $60,526 compared to $28,375 in Elizabeth (+113.3%). While Chesapeake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chesapeake spend roughly 19.4% of their income on rent, less than the 23.2% in Elizabeth.

Climate-wise, both cities share similar average temperatures (56.2°F vs 54.9°F). Chesapeake receives more rainfall at 46.2" per year compared to 44.2" in Elizabeth.

Income & Cost

Cost of Living Index
Chesapeake
68
Elizabeth
55
19% cheaper
Median Household Income
Chesapeake
$60,526
53% higher
Elizabeth
$28,375

Housing

Median Rent
Chesapeake
$979
Elizabeth
$548
44% cheaper
Median Home Value
Chesapeake
$83,100
5% cheaper
Elizabeth
$87,900
Population
Chesapeake
1,615
Elizabeth
610

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chesapeake $2.92
Elizabeth $2.92
US $3.07
🥚
Eggs (grade A, large)
Chesapeake $2.38
Elizabeth $2.38
US $2.50
🥛
Milk (whole)
Chesapeake $3.84
Elizabeth $3.84
US $4.03
🍞
Bread (white)
Chesapeake $1.76
Elizabeth $1.76
US $1.85
🍗
Chicken breast
Chesapeake $3.95
Elizabeth $3.95
US $4.14
Electricity
Chesapeake $0.17
Elizabeth $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Chesapeake 56.2°F
Elizabeth 54.9°F
Summer High
Chesapeake 86°F
Elizabeth 87°F
Winter Low
Chesapeake 26°F
Elizabeth 24°F
Rainfall
Chesapeake 46.2"
Elizabeth 44.2"
Rainy Days
Chesapeake 151d
Elizabeth 137d