Cost of living in Chesapeake
Chesapeake, located in Virginia, is a vibrant city known for its natural beauty and suburban charm. Understanding the cost of living here is crucial for anyone considering a move or planning to budget effectively.
This guide provides a detailed breakdown of expenses in Chesapeake, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $13 on average, with a range between $9 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $57 to $110.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $9 and $13.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $8, imported beer $4 to $9, cappuccino $4 to $7, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.66 and $1.06 per liter, averaging $0.88.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.31 and $4.84, with an average price of $4.09.
- Eggs (Dozen) - A dozen eggs range from $2.5 to $3.9, averaging $3.36.
- Fruits (e.g., Apples, Oranges) - Apples cost $3 to $5.05 per kg, while oranges are priced at $1 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $2.84 per kg, and lettuce costs $1.19 to $1.89 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2, with a monthly pass priced at $70.
- Fuel (Gasoline) - Gasoline is priced between $0.77 and $0.9 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.21 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1750 to $1800, averaging $1775.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1250 to $1500, averaging $1375.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2250.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1900.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1829.86.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $1614.59.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $650, averaging $320.
- Internet - Internet services range from $25 to $80, with an average cost of $53.33.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Chesapeake offers a relatively affordable cost of living compared to larger metropolitan areas. Dining out is reasonably priced, with a variety of options available.
Grocery prices are moderate, with some items like milk and bread being particularly affordable.
Transportation costs are manageable, especially for those who utilize public transport or have fuel-efficient vehicles.
Housing costs vary significantly depending on location, with city centre apartments being more expensive than those outside the centre.
Utilities and internet services are competitively priced, contributing to the overall affordability of living in Chesapeake.
Conclusion
In conclusion, Chesapeake, VA, presents a balanced cost of living that can accommodate various lifestyles and budgets.
Whether you're considering a move for work, family, or lifestyle reasons, understanding these costs can help you make informed decisions and plan effectively for your future in this charming city.