salaryChesapeake is 15% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Newark to live the same way.
🏠 Rent per month
$1,849
$1,867
🛏️ 2-bedroom rent
$1,567
$1,573
💵 Families earn per year
$102,860
$56,147
🔑 Buying a house
$378,400
$373,700
📊 Overall prices (U.S. = 100)
97.9
112.6
🏛️ Property tax per year
$3,108
$7,262
⚡ Electric bill per month
$178
$143
👥 People living there
252,583
310,178
Commute to work
25.8 min
32.6 min
College degree
36.9%
19.7%
Own their home
74.4%
24.4%
Below poverty line
9.4%
23.4%
Unemployment
4.9%
11.6%
Bottom line
- Pick Chesapeake for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Newark for cheaper homes.
Pay for the same job
| Job | Chesapeake | Newark | Difference |
|---|---|---|---|
| Firefighter | $56,940 | $106,420 | +87% in Newark |
| Police Officer | $59,690 | $105,540 | +77% in Newark |
| Lawyer | $133,380 | $208,880 | +57% in Newark |
| Operations Manager | $100,340 | $157,000 | +56% in Newark |
| Elementary School Teacher | $63,380 | $96,900 | +53% in Newark |
| Market Research Analyst | $69,560 | $100,520 | +45% in Newark |
| Carpenter | $51,500 | $74,300 | +44% in Newark |
| Registered Nurse | $89,450 | $119,720 | +34% in Newark |
Frequently asked questions
Is Chesapeake or Newark cheaper to live in?
Chesapeake is about 15% cheaper overall. Rent is $1,849 a month there versus $1,867 in Newark.
What salary do I need in Newark to match $60,000 in Chesapeake?
About $68,958 a year gives the same standard of living in Newark.
Where do people earn more, Chesapeake or Newark?
The typical household earns $102,860 in Chesapeake and $56,147 in Newark, 83% more in Chesapeake.