Cost of Living: Chesapeake, VA vs Selma, OR

Housing

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

Metric Chesapeake Selma
Housing Index 110.0 Data is updating
Median Home Price $347,000 $305,000
Average Rent (2 BR Apartment) $1800 $Data is updating
Average Rent (2 BR House) $1840 $Data is updating

Housing Comparison: Chesapeake vs Selma

  • In Chesapeake, the median home price is higher at $347,000, while in Selma it is $305,000.
  • The rent for a two-bedroom apartment is equal in both Chesapeake and Selma 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 Selma
Electricity Price $15.31 $15.12
Natural Gas Price $19.91 $16.5
Other Utilities $250 $Data is updating

Utilities Comparison: Chesapeake vs Selma

  • Electricity costs are higher in Chesapeake at $15.31 per kWh, compared to $15.12 in Selma.
  • Natural gas is more expensive in Chesapeake at $19.91 per unit, while it is cheaper at $16.5 in Selma.
  • Utility expenses are equal in both Chesapeake and Selma averaging $250.