City Comparison

Chesapeake vs Daytona Beach

Cost of Living Comparison · 2026

Chesapeake

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

Daytona Beach

Florida
95
Below Average
$288,000
Median Home
$1,350/mo
Median Rent
$52,100
Median Income

The Verdict

9.5%

Daytona Beach is 9.5% less expensive than Chesapeake overall. A household earning $75,000 in Chesapeake would need approximately $68,510 in Daytona Beach to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
120
Chesapeake
93
Daytona Beach
Groceries
102
Chesapeake
104
Daytona Beach
Utilities
105
Chesapeake
101
Daytona Beach
Transportation
100
Chesapeake
102
Daytona Beach
Healthcare
97
Chesapeake
99
Daytona Beach

Salary Equivalence

A $75,000 salary in Chesapeake has the same purchasing power as $68,510 in Daytona Beach.

Conversely, $75,000 in Daytona Beach equals $82,105 in Chesapeake.

Living in Chesapeake vs Daytona Beach

Housing Costs

Chesapeake's housing index of 120 is higher Daytona Beach's 93, translating to median home prices of $385,000 vs $288,000. The $97,000 difference in home prices means roughly $6,300 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,550/mo in Chesapeake compared to $1,350/mo in Daytona Beach, a monthly difference of $200.

Grocery & Food Costs

Grocery expenses index at 102 in Chesapeake and 104 in Daytona Beach. A household spending the national average of $475/month on groceries would pay approximately $485/month in Chesapeake vs $494/month in Daytona Beach. 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 105 in Chesapeake and 101 in Daytona Beach. Monthly utility bills average approximately $420 in Chesapeake vs $404 in Daytona Beach. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 97 in Chesapeake and 99 in Daytona Beach. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $94,200 in Chesapeake and $52,100 in Daytona Beach. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,577 and $54,842 respectively. Chesapeake residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,198/month to housing in Chesapeake vs $1,216/month in Daytona Beach. In Chesapeake, median rent of $1,550/mo fits within this budget. In Daytona Beach, median rent of $1,350/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 27 index points — focus your budget analysis there.

Frequently Asked Questions

Daytona Beach is 9.5% more affordable overall with an index of 95 vs 104.
A $75,000 salary in Chesapeake has equivalent purchasing power to approximately $68,510 in Daytona Beach, based on the cost of living difference.
Chesapeake's housing index is 120 with median homes at $385,000, while Daytona Beach's is 93 with median homes at $288,000.

Moving & Relocation Resources

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