City Comparison

Chesapeake vs Erie

Cost of Living Comparison · 2026

Chesapeake

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

Erie

Pennsylvania
81
Very Affordable
$165,000
Median Home
$925/mo
Median Rent
$43,400
Median Income

The Verdict

28.4%

Living in Erie costs 28.4% less than Chesapeake. To match the purchasing power of a $75,000 salary in Chesapeake, you would need $58,413 in Erie.

Category-by-Category Breakdown

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

Housing
120
Chesapeake
55
Erie
Groceries
102
Chesapeake
97
Erie
Utilities
105
Chesapeake
109
Erie
Transportation
100
Chesapeake
113
Erie
Healthcare
97
Chesapeake
89
Erie

Salary Equivalence

A $75,000 salary in Chesapeake has the same purchasing power as $58,413 in Erie.

Conversely, $75,000 in Erie equals $96,296 in Chesapeake.

Living in Chesapeake vs Erie

Housing Costs

Chesapeake's housing index of 120 is higher Erie's 55, translating to median home prices of $385,000 vs $165,000. The $220,000 difference in home prices means roughly $14,304 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,550/mo in Chesapeake compared to $925/mo in Erie, a monthly difference of $625.

Grocery & Food Costs

Grocery expenses index at 102 in Chesapeake and 97 in Erie. A household spending the national average of $475/month on groceries would pay approximately $485/month in Chesapeake vs $461/month in Erie. 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 109 in Erie. Monthly utility bills average approximately $420 in Chesapeake vs $436 in Erie. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 97 in Chesapeake and 89 in Erie. 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 $43,400 in Erie. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,577 and $53,580 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 $1,013/month in Erie. In Chesapeake, median rent of $1,550/mo fits within this budget. In Erie, median rent of $925/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 65 index points — focus your budget analysis there.

Frequently Asked Questions

Erie is 28.4% more affordable overall with an index of 81 vs 104.
A $75,000 salary in Chesapeake has equivalent purchasing power to approximately $58,413 in Erie, based on the cost of living difference.
Chesapeake's housing index is 120 with median homes at $385,000, while Erie's is 55 with median homes at $165,000.

Moving & Relocation Resources

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