Cost of Living: Chesapeake, VA vs Thousand Oaks, CA (2026)

Chesapeake

Virginia
112
VS

Thousand Oaks

California
226

Chesapeake is 50% cheaper than Thousand Oaks.

$1,523/mo ↓ 41%
Median Rent
$2,580/mo ↑ 69%
$94,189/yr ↓ 30%
Median Income
$134,367/yr ↑ 43%
$359,100 ↓ 62%
Home Value
$951,200 ↑ 165%
$1,680/mo ↓ 38%
Owner Costs
$2,726/mo ↑ 62%
251,153
Population
125,676

Tax Comparison

5.75%
Income Tax
13.3%
5.3%
State Sales Tax
7.25%
0.8%
Property Tax
0.71%

Affordability

19.4%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Chesapeake, VA and Thousand Oaks, CA, the overall cost of living indices are 112 and 226 respectively (national median = 100). Rent is $1,057/month cheaper in Chesapeake, saving renters about $12,684/year.

Median household income is $40,178/year higher in Thousand Oaks. Home values also differ significantly — the median in Chesapeake is $359,100 compared to $951,200 in Thousand Oaks.

Virginia has a lower income tax rate, making Chesapeake slightly more tax-friendly.

Frequently Asked Questions

Chesapeake vs Thousand Oaks — common questions

Is Chesapeake or Thousand Oaks cheaper to live in?
Based on our cost index, Chesapeake is cheaper to live in with an index of 112 compared to 226 (US average = 100).
What is the rent difference between Chesapeake and Thousand Oaks?
Median rent in Chesapeake is $1,523/month and in Thousand Oaks it's $2,580/month — a difference of $1,057/month.
Which city has higher income, Chesapeake or Thousand Oaks?
Median household income is $94,189 in Chesapeake and $134,367 in Thousand Oaks. Median household income is $40,178/year higher in Thousand Oaks.
How do taxes compare between Virginia and California?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Chesapeake or Thousand Oaks?
It depends on your priorities. Chesapeake has a cost index of 112 with median rent of $1,523/mo, while Thousand Oaks has a cost index of 226 with rent of $2,580/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chesapeake details → View Thousand Oaks details →

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