Cost of Living: Chesapeake, VA vs Lewisville, TX (2026)

Chesapeake

Virginia
112
VS

Lewisville

Texas
112

Chesapeake and Lewisville have a similar cost of living.

$1,523/mo ↓ 3%
Median Rent
$1,572/mo ↑ 3%
$94,189/yr ↑ 11%
Median Income
$85,002/yr ↓ 10%
$359,100 ↑ 3%
Home Value
$350,200 ↓ 2%
$1,680/mo ↑ 3%
Owner Costs
$1,631/mo ↓ 3%
251,153
Population
128,313

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.25%
0.8%
Property Tax
1.6%

Affordability

19.4%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

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

Median household income is $9,187/year higher in Chesapeake. Home values also differ significantly — the median in Chesapeake is $359,100 compared to $350,200 in Lewisville.

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

Frequently Asked Questions

Chesapeake vs Lewisville — common questions

Is Chesapeake or Lewisville cheaper to live in?
Based on our cost index, Lewisville is cheaper to live in with an index of 112 compared to 112 (US average = 100).
What is the rent difference between Chesapeake and Lewisville?
Median rent in Chesapeake is $1,523/month and in Lewisville it's $1,572/month — a difference of $49/month.
Which city has higher income, Chesapeake or Lewisville?
Median household income is $94,189 in Chesapeake and $85,002 in Lewisville. Median household income is $9,187/year higher in Chesapeake.
How do taxes compare between Virginia and Texas?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Chesapeake or Lewisville?
It depends on your priorities. Chesapeake has a cost index of 112 with median rent of $1,523/mo, while Lewisville has a cost index of 112 with rent of $1,572/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chesapeake details → View Lewisville details →

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