Cost of Living in Chesapeake City, MD

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

115.1

100 = national avg

+15.1 vs national average

Living Wage (1 Adult)

$50,659

per year

Living Wage (Family of 4)

$119,738

per year

Cost Index by Category

Housing
139.5
Food
101.3
Transportation
98.3
Healthcare
101.0
Utilities
108.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,520

per month

2 Bedroom

$1,810

per month

The overall cost of living index in Chesapeake City is 115.1, which is 15.1% above the national average. Housing costs are above the national average at an index of 139.5. A single adult needs to earn approximately $50,659 per year to cover basic expenses.