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Chesapeake, WV vs Thomas, WV

68
Chesapeake
West Virginia
VS
-2.7%
70
Thomas
West Virginia

Chesapeake, WV and Thomas, WV have a very similar cost of living, with only a 2.7% difference in their overall index. Chesapeake scores 68 while Thomas scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Chesapeake is $979/month compared to $818/month in Thomas — a 20% difference. Interestingly, home values tell a different story: while Thomas has cheaper rent, Chesapeake actually has lower median home values ($83,100 vs $158,900).

Median household income in Chesapeake is $60,526 compared to $55,500 in Thomas (+9.1%). Chesapeake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chesapeake spend roughly 19.4% of their income on rent, more than the 17.7% in Thomas.

Income & Cost

Cost of Living Index
Chesapeake
68
3% cheaper
Thomas
70
Median Household Income
Chesapeake
$60,526
8% higher
Thomas
$55,500

Housing

Median Rent
Chesapeake
$979
Thomas
$818
16% cheaper
Median Home Value
Chesapeake
$83,100
48% cheaper
Thomas
$158,900
Population
Chesapeake
1,615
Thomas
614

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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