City Comparison

Asheville vs Chesapeake

Cost of Living Comparison · 2026

Asheville

North Carolina
108
Above Average
$360,000
Median Home
$1,500/mo
Median Rent
$48,534
Median Income

Chesapeake

Virginia
104
Average
$385,000
Median Home
$1,550/mo
Median Rent
$94,200
Median Income

The Verdict

3.8%

Chesapeake is 3.8% less expensive than Asheville overall. A household earning $75,000 in Asheville would need approximately $72,222 in Chesapeake to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
120
Asheville
120
Chesapeake
Groceries
103
Asheville
102
Chesapeake
Utilities
95
Asheville
105
Chesapeake
Transportation
100
Asheville
100
Chesapeake
Healthcare
106
Asheville
97
Chesapeake

Salary Equivalence

A $75,000 salary in Asheville has the same purchasing power as $72,222 in Chesapeake.

Conversely, $75,000 in Chesapeake equals $77,885 in Asheville.

Living in Asheville vs Chesapeake

Housing Costs

Asheville's housing index of 120 is equal to Chesapeake's 120, translating to median home prices of $360,000 vs $385,000. The $25,000 difference in home prices means roughly $1,620 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Asheville compared to $1,550/mo in Chesapeake, a monthly difference of $50.

Grocery & Food Costs

Grocery expenses index at 103 in Asheville and 102 in Chesapeake. A household spending the national average of $475/month on groceries would pay approximately $489/month in Asheville vs $485/month in Chesapeake. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Asheville and 105 in Chesapeake. Monthly utility bills average approximately $380 in Asheville vs $420 in Chesapeake. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 106 in Asheville and 97 in Chesapeake. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $48,534 in Asheville and $94,200 in Chesapeake. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,939 and $90,577 respectively. Chesapeake residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Asheville vs $2,198/month in Chesapeake. In Asheville, median rent of $1,500/mo exceeds this threshold, suggesting renters may feel stretched. In Chesapeake, median rent of $1,550/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 10 index points — focus your budget analysis there.

Frequently Asked Questions

Chesapeake is 3.8% more affordable overall with an index of 104 vs 108.
A $75,000 salary in Asheville has equivalent purchasing power to approximately $72,222 in Chesapeake, based on the cost of living difference.
Asheville's housing index is 120 with median homes at $360,000, while Chesapeake's is 120 with median homes at $385,000.

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