Cost of Living: Jessup, MD vs Chesapeake, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Jessup | Chesapeake |
|---|---|---|
| Housing Index | Data is updating | 110.0 |
| Median Home Price | $471,000 | $347,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1840 |
Housing Comparison: Jessup vs Chesapeake
- In Jessup, the median home price is higher at $471,000, while in Chesapeake it is $347,000.
- The rent for a two-bedroom apartment is equal in both Jessup and Chesapeake at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Jessup | Chesapeake |
|---|---|---|
| Electricity Price | $17.41 | $15.31 |
| Natural Gas Price | $18.44 | $19.91 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Jessup vs Chesapeake
- Electricity costs are higher in Jessup at $17.41 per kWh, compared to $15.31 in Chesapeake.
- Chesapeake experiences higher natural gas costs at $19.91 per unit, with costs at $18.44 in Jessup.
- Utility expenses are equal in both Jessup and Chesapeake averaging $0.0.