Cost of Living: Chesapeake, VA vs Peoria, AZ (2026)

Chesapeake

Virginia
112
VS

Peoria

Arizona
125

Chesapeake is 10% cheaper than Peoria.

$1,523/mo ↓ 13%
Median Rent
$1,743/mo ↑ 14%
$94,189/yr ≈ Same
Median Income
$93,403/yr ≈ Same
$359,100 ↓ 16%
Home Value
$429,400 ↑ 20%
$1,680/mo ↑ 6%
Owner Costs
$1,589/mo ↓ 5%
251,153
Population
194,338

Tax Comparison

5.75%
Income Tax
2.5%
5.3%
State Sales Tax
5.6%
0.8%
Property Tax
0.62%

Affordability

19.4%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Chesapeake, VA and Peoria, AZ, the overall cost of living indices are 112 and 125 respectively (national median = 100). Rent is $220/month cheaper in Chesapeake, saving renters about $2,640/year.

Median household income is $786/year higher in Chesapeake. Home values also differ significantly — the median in Chesapeake is $359,100 compared to $429,400 in Peoria.

Arizona has a lower income tax rate, making Peoria slightly more tax-friendly.

Frequently Asked Questions

Chesapeake vs Peoria — common questions

Is Chesapeake or Peoria cheaper to live in?
Based on our cost index, Chesapeake is cheaper to live in with an index of 112 compared to 125 (US average = 100).
What is the rent difference between Chesapeake and Peoria?
Median rent in Chesapeake is $1,523/month and in Peoria it's $1,743/month — a difference of $220/month.
Which city has higher income, Chesapeake or Peoria?
Median household income is $94,189 in Chesapeake and $93,403 in Peoria. Median household income is $786/year higher in Chesapeake.
How do taxes compare between Virginia and Arizona?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Chesapeake or Peoria?
It depends on your priorities. Chesapeake has a cost index of 112 with median rent of $1,523/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chesapeake details → View Peoria details →

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