Cost of Living: Liberty, NC vs Chesapeake, VA

Housing

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

Metric Liberty Chesapeake
Housing Index 85.0 110.0
Median Home Price $272,000 $347,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1286 $1840

Housing Comparison: Liberty vs Chesapeake

  • The median home price in Chesapeake is higher at $347,000, compared to $272,000 in Liberty.
  • In Chesapeake, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Liberty.

Utilities

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

Metric Liberty Chesapeake
Electricity Price $13.72 $15.31
Natural Gas Price $Data is updating $19.91
Other Utilities $200 $250

Utilities Comparison: Liberty vs Chesapeake

  • Chesapeake has higher electricity costs at $15.31 per kWh, versus $13.72 in Liberty.
  • Natural gas price data is currently unavailable.
  • Chesapeake has higher utility expenses, averaging $250, while Liberty averages $200.