Cost of Living: Chesapeake, VA vs Peru, IN

Housing

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

Metric Chesapeake Peru
Housing Index 110.0 85.0
Median Home Price $347,000 $152,000
Average Rent (2 BR Apartment) $1800 $800
Average Rent (2 BR House) $1840 $820

Housing Comparison: Chesapeake vs Peru

  • In Chesapeake, the median home price is higher at $347,000, while in Peru it is $152,000.
  • In Peru, the rental for a two-bedroom apartment stands at $800, while it is $1,800 in Chesapeake.

Utilities

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

Metric Chesapeake Peru
Electricity Price $15.31 $14.89
Natural Gas Price $19.91 $Data is updating
Other Utilities $250 $200

Utilities Comparison: Chesapeake vs Peru

  • Electricity costs are higher in Chesapeake at $15.31 per kWh, compared to $14.89 in Peru.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Chesapeake at an average of $250, compared to Peru with $200.