Cost of Living: Chesapeake, VA vs Belvidere, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chesapeake | Belvidere |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $347,000 | $212,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1235 |
Housing Comparison: Chesapeake vs Belvidere
- In Chesapeake, the median home price is higher at $347,000, while in Belvidere it is $212,000.
- Renting a two-bedroom apartment costs more in Chesapeake at $1,800 than in Belvidere at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chesapeake | Belvidere |
|---|---|---|
| Electricity Price | $15.31 | $16.15 |
| Natural Gas Price | $19.91 | $16.59 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Chesapeake vs Belvidere
- Belvidere has higher electricity costs at $16.15 per kWh, versus $15.31 in Chesapeake.
- Natural gas is more expensive in Chesapeake at $19.91 per unit, while it is cheaper at $16.59 in Belvidere.
- Other utility costs are higher in Chesapeake at an average of $250, compared to Belvidere with $200.