Cost of Living: Bossier city, LA vs Chesapeake, VA

Housing

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

Metric Bossier city Chesapeake
Housing Index 95.0 110.0
Median Home Price $220,000 $347,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1350 $1840

Housing Comparison: Bossier city vs Chesapeake

  • The median home price in Chesapeake is higher at $347,000, compared to $220,000 in Bossier city.
  • In Chesapeake, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Bossier city.

Utilities

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

Metric Bossier city Chesapeake
Electricity Price $11.42 $15.31
Natural Gas Price $19.48 $19.91
Other Utilities $250 $250

Utilities Comparison: Bossier city vs Chesapeake

  • Chesapeake has higher electricity costs at $15.31 per kWh, versus $11.42 in Bossier city.
  • Chesapeake experiences higher natural gas costs at $19.91 per unit, with costs at $19.48 in Bossier city.
  • Utility expenses are equal in both Bossier city and Chesapeake averaging $250.