Cost of Living: Chesapeake, VA vs Schenectady, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chesapeake | Schenectady |
|---|---|---|
| Housing Index | 110.0 | 115.0 |
| Median Home Price | $347,000 | $247,000 |
| Average Rent (2 BR Apartment) | $1800 | $1600 |
| Average Rent (2 BR House) | $1840 | $1650 |
Housing Comparison: Chesapeake vs Schenectady
- In Chesapeake, the median home price is higher at $347,000, while in Schenectady it is $247,000.
- Renting a two-bedroom apartment costs more in Chesapeake at $1,800 than in Schenectady at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chesapeake | Schenectady |
|---|---|---|
| Electricity Price | $15.31 | $26.08 |
| Natural Gas Price | $19.91 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chesapeake vs Schenectady
- Schenectady has higher electricity costs at $26.08 per kWh, versus $15.31 in Chesapeake.
- Natural gas is more expensive in Chesapeake at $19.91 per unit, while it is cheaper at $18.13 in Schenectady.
- Utility expenses are equal in both Chesapeake and Schenectady averaging $250.