Cost of Living: Vicksburg, MS vs Chesapeake, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Vicksburg | Chesapeake |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $150,000 | $347,000 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1840 |
Housing Comparison: Vicksburg vs Chesapeake
- The median home price in Chesapeake is higher at $347,000, compared to $150,000 in Vicksburg.
- In Chesapeake, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Vicksburg.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Vicksburg | Chesapeake |
|---|---|---|
| Electricity Price | $13.42 | $15.31 |
| Natural Gas Price | $22.19 | $19.91 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Vicksburg vs Chesapeake
- Chesapeake has higher electricity costs at $15.31 per kWh, versus $13.42 in Vicksburg.
- Natural gas is more expensive in Vicksburg at $22.19 per unit, while it is cheaper at $19.91 in Chesapeake.
- Chesapeake has higher utility expenses, averaging $250, while Vicksburg averages $200.