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Chesapeake, WV vs Welch, WV

68
Chesapeake
West Virginia
VS
-11.3%
76
Welch
West Virginia

Chesapeake is moderately more affordable than Welch, with a 11.3% lower cost of living index. Chesapeake scores 68 compared to 76 for Welch, where the US average is 100. This difference means residents of Welch can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Chesapeake are $83,100 compared to $56,500 in Welch, a 47% gap.

Median household income in Chesapeake is $60,526 compared to $36,188 in Welch (+67.3%). Chesapeake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Chesapeake
68
11% cheaper
Welch
76
Median Household Income
Chesapeake
$60,526
40% higher
Welch
$36,188

Housing

Median Rent
Chesapeake
$979
Welch
Median Home Value
Chesapeake
$83,100
Welch
$56,500
32% cheaper
Population
Chesapeake
1,615
Welch
3,492

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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