Chesapeake vs Concord
Cost of Living Comparison · 2026
Chesapeake
Concord
The Verdict
Chesapeake is 29.3% less expensive than Concord overall. A household earning $75,000 in Chesapeake would need approximately $106,010 in Concord to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Chesapeake has the same purchasing power as $106,010 in Concord.
Conversely, $75,000 in Concord equals $53,061 in Chesapeake.
Living in Chesapeake vs Concord
Housing Costs
Chesapeake's housing index of 120 is lower Concord's 210, translating to median home prices of $385,000 vs $680,000. The $295,000 difference in home prices means roughly $19,176 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,550/mo in Chesapeake compared to $2,350/mo in Concord, a monthly difference of $800.
Grocery & Food Costs
Grocery expenses index at 102 in Chesapeake and 112 in Concord. A household spending the national average of $475/month on groceries would pay approximately $485/month in Chesapeake vs $532/month in Concord. Chesapeake offers a meaningful advantage on everyday food costs, saving roughly $564/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 105 in Chesapeake and 147 in Concord. Monthly utility bills average approximately $420 in Chesapeake vs $588 in Concord. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 97 in Chesapeake and 121 in Concord. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 24-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $94,200 in Chesapeake and $109,000 in Concord. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,577 and $74,150 respectively. Chesapeake residents enjoy stronger real purchasing power despite lower nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $2,198/month to housing in Chesapeake vs $2,543/month in Concord. In Chesapeake, median rent of $1,550/mo fits within this budget. In Concord, median rent of $2,350/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 90 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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