Cost of Living: Chesapeake, VA vs Palisade, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chesapeake | Palisade |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $347,000 | $215,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1840 | $Data is updating |
Housing Comparison: Chesapeake vs Palisade
- In Chesapeake, the median home price is higher at $347,000, while in Palisade it is $215,000.
- The rent for a two-bedroom apartment is equal in both Chesapeake and Palisade at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chesapeake | Palisade |
|---|---|---|
| Electricity Price | $15.31 | $16.38 |
| Natural Gas Price | $19.91 | $14.87 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Chesapeake vs Palisade
- Palisade has higher electricity costs at $16.38 per kWh, versus $15.31 in Chesapeake.
- Natural gas is more expensive in Chesapeake at $19.91 per unit, while it is cheaper at $14.87 in Palisade.
- Utility expenses are equal in both Chesapeake and Palisade averaging $250.