Cost of Living: Cypress inn, TN vs Chesapeake, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cypress inn | Chesapeake |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $140,000 | $347,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1300 | $1840 |
Housing Comparison: Cypress inn vs Chesapeake
- The median home price in Chesapeake is higher at $347,000, compared to $140,000 in Cypress inn.
- In Chesapeake, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Cypress inn.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Cypress inn | Chesapeake |
|---|---|---|
| Electricity Price | $12.57 | $15.31 |
| Natural Gas Price | $12.35 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Cypress inn vs Chesapeake
- Chesapeake has higher electricity costs at $15.31 per kWh, versus $12.57 in Cypress inn.
- Chesapeake experiences higher natural gas costs at $19.91 per unit, with costs at $12.35 in Cypress inn.
- Utility expenses are equal in both Cypress inn and Chesapeake averaging $250.