Cost of Living: Chesapeake, VA vs Yonkers, NY (2026)

Chesapeake

Virginia
112
VS

Yonkers

New York
133

Chesapeake is 16% cheaper than Yonkers.

$1,523/mo ↓ 12%
Median Rent
$1,730/mo ↑ 14%
$94,189/yr ↑ 15%
Median Income
$81,816/yr ↓ 13%
$359,100 ↓ 25%
Home Value
$478,000 ↑ 33%
$1,680/mo ↓ 4%
Owner Costs
$1,759/mo ↑ 5%
251,153
Population
209,529

Tax Comparison

5.75%
Income Tax
10.9%
5.3%
State Sales Tax
4.0%
0.8%
Property Tax
1.62%

Affordability

19.4%
rent-to-income
Affordability
25.4%
rent-to-income

Detailed Comparison

When comparing Chesapeake, VA and Yonkers, NY, the overall cost of living indices are 112 and 133 respectively (national median = 100). Rent is $207/month cheaper in Chesapeake, saving renters about $2,484/year.

Median household income is $12,373/year higher in Chesapeake. Home values also differ significantly — the median in Chesapeake is $359,100 compared to $478,000 in Yonkers.

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

Frequently Asked Questions

Chesapeake vs Yonkers — common questions

Is Chesapeake or Yonkers cheaper to live in?
Based on our cost index, Chesapeake is cheaper to live in with an index of 112 compared to 133 (US average = 100).
What is the rent difference between Chesapeake and Yonkers?
Median rent in Chesapeake is $1,523/month and in Yonkers it's $1,730/month — a difference of $207/month.
Which city has higher income, Chesapeake or Yonkers?
Median household income is $94,189 in Chesapeake and $81,816 in Yonkers. Median household income is $12,373/year higher in Chesapeake.
How do taxes compare between Virginia and New York?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.
Should I move to Chesapeake or Yonkers?
It depends on your priorities. Chesapeake has a cost index of 112 with median rent of $1,523/mo, while Yonkers has a cost index of 133 with rent of $1,730/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Chesapeake details → View Yonkers details →

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