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

Chesapeake

Virginia
112
VS

Odessa

Texas
83

Chesapeake is 35% more expensive than Odessa.

$1,523/mo ↑ 15%
Median Rent
$1,322/mo ↓ 13%
$94,189/yr ↑ 29%
Median Income
$73,030/yr ↓ 22%
$359,100 ↑ 73%
Home Value
$208,000 ↓ 42%
$1,680/mo ↑ 34%
Owner Costs
$1,251/mo ↓ 26%
251,153
Population
114,080

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
21.7%
rent-to-income

Detailed Comparison

When comparing Chesapeake, VA and Odessa, TX, the overall cost of living indices are 112 and 83 respectively (national median = 100). Rent is $201/month cheaper in Odessa, saving renters about $2,412/year.

Median household income is $21,159/year higher in Chesapeake. Home values also differ significantly — the median in Chesapeake is $359,100 compared to $208,000 in Odessa.

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

Frequently Asked Questions

Chesapeake vs Odessa — common questions

Is Chesapeake or Odessa cheaper to live in?
Based on our cost index, Odessa is cheaper to live in with an index of 83 compared to 112 (US average = 100).
What is the rent difference between Chesapeake and Odessa?
Median rent in Chesapeake is $1,523/month and in Odessa it's $1,322/month — a difference of $201/month.
Which city has higher income, Chesapeake or Odessa?
Median household income is $94,189 in Chesapeake and $73,030 in Odessa. Median household income is $21,159/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 Odessa?
It depends on your priorities. Chesapeake has a cost index of 112 with median rent of $1,523/mo, while Odessa has a cost index of 83 with rent of $1,322/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chesapeake details → View Odessa details →

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