salaryRent is higher than in 60% of U.S. cities. Household incomes are higher than in 89% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 41.3 minutes each way. Most homes (82.8%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $73,920 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Maryland cities?
Yes. Rent here is cheaper than in most of Maryland. It is number 64 of 200 cities from cheapest to most expensive.
How much do households earn in Chesapeake Beach?
Share of households by yearly income. 55.1% of households earn $100,000 or more.
Rent by apartment size in Chesapeake Beach
| Size | Chesapeake Beach | U.S. average |
|---|---|---|
| 2 bedrooms | $1,684 | $1,509 |
| 3 bedrooms | $2,318 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Chesapeake Beach overall?
Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Chesapeake Beach, so the Maryland figure is shown.
Taxes and bills in Chesapeake Beach
Life in Chesapeake Beach
Is it cheaper to rent or buy in Chesapeake Beach?
Renting is cheaper right now: about $1,237 a month less.
Owning assumes a typical $444,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,460 for the down payment.
Frequently asked questions
What is the average rent in Chesapeake Beach, MD?
Renting in Chesapeake Beach costs a median of about $1,848 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Chesapeake Beach?
To keep rent under 30% of income, you need about $73,920 a year, or $36 an hour at a full-time job.
Is Chesapeake Beach cheap or expensive?
Chesapeake Beach is rated Cheap: rent takes 14.8% of the typical household income of $149,798. It ranks 64th cheapest of 200 Maryland cities we track.
How much are property taxes in Chesapeake Beach?
The median homeowner in Chesapeake Beach pays $3,676 a year in property taxes, about 0.83% of the median home value.
Is Chesapeake Beach more expensive than the national average?
Overall prices in Maryland are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Chesapeake Beach?
The median home value in Chesapeake Beach is $444,600, about 3.0 times the typical yearly household income.
6,456 people live in Chesapeake Beach. Numbers are typical (middle) values.