Cost of Living: Blacksburg, VA vs Chesapeake, VA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,181/mo in Blacksburg, VA versus $4,181/mo in Chesapeake, VA. In the model, rent is about 18.81% of gross in Blacksburg, VA versus 22.2% in Chesapeake, VA, so Blacksburg, VA tends to feel more affordable for rent.

Take-home in Blacksburg, VA
$4,181/mo
Income level: above
Take-home in Chesapeake, VA
$4,181/mo
Income level: below
Rent share (1BR) in Blacksburg, VA
18.81%
COLI tier: mid-range
Rent share (1BR) in Chesapeake, VA
22.2%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Blacksburg, VA and Chesapeake, VA.

At a glance

  • Cheaper overall (lower cost-of-living index): Chesapeake, VA
  • Lower rent (median 1BR/2BR): Blacksburg, VA
  • Lower home prices: Chesapeake, VA
  • Higher median household income: Chesapeake, VA

Cost of Living Index

Blacksburg, VA: 100 (U.S. = 100) · Chesapeake, VA: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Blacksburg, VA: $1,226/mo (midpoint of 1BR/2BR) · Chesapeake, VA: $1,447/mo

Median rent in Chesapeake, VA is $221/mo higher than in Blacksburg, VA.

Median Home Price

Blacksburg, VA: $417,200 · Chesapeake, VA: $359,100

Median home price in Blacksburg, VA is $58,100 higher than in Chesapeake, VA.

Median Household Income

Blacksburg, VA: $48,070 · Chesapeake, VA: $94,189

Chesapeake, VA has a higher median household income than Blacksburg, VA by $46,119.

Blacksburg, VA overview · Chesapeake, VA overview · Popular comparisons