Cost of Living: Chesapeake, VA vs Hollywood, FL (2026)

Chesapeake

Virginia
112
VS

Hollywood

Florida
113

Chesapeake and Hollywood have a similar cost of living.

$1,523/mo ↓ 2%
Median Rent
$1,555/mo ↑ 2%
$94,189/yr ↑ 44%
Median Income
$65,359/yr ↓ 31%
$359,100 ↓ 4%
Home Value
$374,200 ↑ 4%
$1,680/mo ↑ 7%
Owner Costs
$1,568/mo ↓ 7%
251,153
Population
152,935

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.0%
0.8%
Property Tax
0.86%

Affordability

19.4%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Chesapeake, VA and Hollywood, FL, the overall cost of living indices are 112 and 113 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $28,830/year higher in Chesapeake. Home values also differ significantly — the median in Chesapeake is $359,100 compared to $374,200 in Hollywood.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Chesapeake vs Hollywood — common questions

Is Chesapeake or Hollywood cheaper to live in?
Based on our cost index, Chesapeake is cheaper to live in with an index of 112 compared to 113 (US average = 100).
What is the rent difference between Chesapeake and Hollywood?
Median rent in Chesapeake is $1,523/month and in Hollywood it's $1,555/month — a difference of $32/month.
Which city has higher income, Chesapeake or Hollywood?
Median household income is $94,189 in Chesapeake and $65,359 in Hollywood. Median household income is $28,830/year higher in Chesapeake.
How do taxes compare between Virginia and Florida?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Chesapeake or Hollywood?
It depends on your priorities. Chesapeake has a cost index of 112 with median rent of $1,523/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chesapeake details → View Hollywood details →

More Comparisons

Other cost of living comparisons for Chesapeake and Hollywood

Chesapeake vs. Irving Chesapeake vs. Winston-Salem Chesapeake vs. Laredo Chesapeake vs. Glendale Chesapeake vs. St. Petersburg Chesapeake vs. Garland Hollywood vs. Sunnyvale Hollywood vs. Roseville Hollywood vs. Springfield Hollywood vs. Charleston Hollywood vs. Kansas City Hollywood vs. Bellevue