Cost of Living: Chesapeake, VA vs High Point, NC (2026)

Chesapeake

Virginia
112
VS

High Point

North Carolina
73

Chesapeake is 53% more expensive than High Point.

$1,523/mo ↑ 43%
Median Rent
$1,062/mo ↓ 30%
$94,189/yr ↑ 54%
Median Income
$61,228/yr ↓ 35%
$359,100 ↑ 69%
Home Value
$212,400 ↓ 41%
$1,680/mo ↑ 55%
Owner Costs
$1,084/mo ↓ 35%
251,153
Population
115,263

Tax Comparison

5.75%
Income Tax
4.5%
5.3%
State Sales Tax
4.75%
0.8%
Property Tax
0.8%

Affordability

19.4%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Chesapeake, VA and High Point, NC, the overall cost of living indices are 112 and 73 respectively (national median = 100). Rent is $461/month cheaper in High Point, saving renters about $5,532/year.

Median household income is $32,961/year higher in Chesapeake. Home values also differ significantly — the median in Chesapeake is $359,100 compared to $212,400 in High Point.

North Carolina has a lower income tax rate, making High Point slightly more tax-friendly.

Frequently Asked Questions

Chesapeake vs High Point — common questions

Is Chesapeake or High Point cheaper to live in?
Based on our cost index, High Point is cheaper to live in with an index of 73 compared to 112 (US average = 100).
What is the rent difference between Chesapeake and High Point?
Median rent in Chesapeake is $1,523/month and in High Point it's $1,062/month — a difference of $461/month.
Which city has higher income, Chesapeake or High Point?
Median household income is $94,189 in Chesapeake and $61,228 in High Point. Median household income is $32,961/year higher in Chesapeake.
How do taxes compare between Virginia and North Carolina?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.
Should I move to Chesapeake or High Point?
It depends on your priorities. Chesapeake has a cost index of 112 with median rent of $1,523/mo, while High Point has a cost index of 73 with rent of $1,062/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chesapeake details → View High Point details →

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