City Comparison

Chesapeake vs Stockholm

Cost of Living Comparison · 2026

Chesapeake

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

Stockholm

Sweden
97
Average
$445,000
Median Home
$1,500/mo
Median Rent
$50,000
Median Income

The Verdict

7.2%

Stockholm is 7.2% less expensive than Chesapeake overall. A household earning $75,000 in Chesapeake would need approximately $69,952 in Stockholm to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
120
Chesapeake
118
Stockholm
Groceries
102
Chesapeake
92
Stockholm
Utilities
105
Chesapeake
88
Stockholm
Transportation
100
Chesapeake
108
Stockholm
Healthcare
97
Chesapeake
82
Stockholm

Salary Equivalence

A $75,000 salary in Chesapeake has the same purchasing power as $69,952 in Stockholm.

Conversely, $75,000 in Stockholm equals $80,412 in Chesapeake.

Living in Chesapeake vs Stockholm

Housing Costs

Chesapeake's housing index of 120 is higher Stockholm's 118, translating to median home prices of $385,000 vs $445,000. The $60,000 difference in home prices means roughly $3,900 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,550/mo in Chesapeake compared to $1,500/mo in Stockholm, a monthly difference of $50.

Grocery & Food Costs

Grocery expenses index at 102 in Chesapeake and 92 in Stockholm. A household spending the national average of $475/month on groceries would pay approximately $485/month in Chesapeake vs $437/month in Stockholm. Stockholm offers a meaningful advantage on everyday food costs, saving roughly $576/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 105 in Chesapeake and 88 in Stockholm. Monthly utility bills average approximately $420 in Chesapeake vs $352 in Stockholm. 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 82 in Stockholm. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 15-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 $50,000 in Stockholm. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,577 and $51,546 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 $1,167/month in Stockholm. In Chesapeake, median rent of $1,550/mo fits within this budget. In Stockholm, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Utilities, where the gap is 17 index points — focus your budget analysis there.

Frequently Asked Questions

Stockholm is 7.2% more affordable overall with an index of 97 vs 104.
A $75,000 salary in Chesapeake has equivalent purchasing power to approximately $69,952 in Stockholm, based on the cost of living difference.
Chesapeake's housing index is 120 with median homes at $385,000, while Stockholm's is 118 with median homes at $445,000.

Moving & Relocation Resources

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