Cost of Living: Mount olive, MS vs Chesapeake, VA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Mount olive Chesapeake
Housing Index Data is updating 110.0
Median Home Price $103,000 $347,000
Average Rent (2 BR Apartment) $Data is updating $1800
Average Rent (2 BR House) $Data is updating $1840

Housing Comparison: Mount olive vs Chesapeake

  • The median home price in Chesapeake is higher at $347,000, compared to $103,000 in Mount olive.
  • The rent for a two-bedroom apartment is equal in both Mount olive and Chesapeake at $0.0.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Mount olive Chesapeake
Electricity Price $13.42 $15.31
Natural Gas Price $22.19 $19.91
Other Utilities $Data is updating $250

Utilities Comparison: Mount olive vs Chesapeake

  • Chesapeake has higher electricity costs at $15.31 per kWh, versus $13.42 in Mount olive.
  • Natural gas is more expensive in Mount olive at $22.19 per unit, while it is cheaper at $19.91 in Chesapeake.
  • Utility expenses are equal in both Mount olive and Chesapeake averaging $0.0.