Chesapeake is 7% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Chesapeake to live the same way.
🏠 Rent per month
$1,651
$1,849
🛏️ 2-bedroom rent
$1,565
$1,567
💵 Families earn per year
$111,392
$102,860
🔑 Buying a house
$395,900
$378,400
📊 Overall prices (U.S. = 100)
105.4
97.9
🏛️ Property tax per year
$4,982
$3,108
⚡ Electric bill per month
$136
$178
👥 People living there
288,976
252,583
Commute to work
18.8 min
25.8 min
College degree
38.7%
36.9%
Own their home
63.9%
74.4%
Below poverty line
8.9%
9.4%
Unemployment
4.6%
4.9%
Bottom line
- Pick Anchorage for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Chesapeake for cheaper homes.
Pay for the same job
| Job | Anchorage | Chesapeake | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $26,080 | $39,020 | +50% in Chesapeake |
| Police Officer | $115,020 | $59,690 | -48% in Chesapeake |
| Plumber | $93,600 | $61,870 | -34% in Chesapeake |
| HVAC Technician | $85,620 | $59,470 | -31% in Chesapeake |
| Carpenter | $72,800 | $51,500 | -29% in Chesapeake |
| Dental Hygienist | $132,740 | $98,890 | -26% in Chesapeake |
| Electrician | $82,440 | $62,350 | -24% in Chesapeake |
| Software Developer | $104,030 | $129,090 | +24% in Chesapeake |
Frequently asked questions
Is Anchorage or Chesapeake cheaper to live in?
Chesapeake is about 7% cheaper overall. Rent is $1,849 a month there versus $1,651 in Anchorage.
What salary do I need in Chesapeake to match $60,000 in Anchorage?
About $55,743 a year gives the same standard of living in Chesapeake.
Where do people earn more, Anchorage or Chesapeake?
The typical household earns $111,392 in Anchorage and $102,860 in Chesapeake, 8% more in Anchorage.