Cost of Living in Chesapeake, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.6
100 = national avg
-11.4 vs national average
Living Wage (1 Adult)
$38,969
per year
Living Wage (Family of 4)
$92,108
per year
Cost Index by Category
Housing78.1
Food96.3
Transportation92.5
Healthcare97.0
Utilities93.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$829
per month
2 Bedroom
$1,036
per month
The overall cost of living index in Chesapeake is 88.6, which is 11.4% below the national average. Housing costs are below the national average at an index of 78.1. A single adult needs to earn approximately $38,969 per year to cover basic expenses.