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

El Paso

Texas
67
VS

Chesapeake

Virginia
112

El Paso is 40% cheaper than Chesapeake.

$1,041/mo ↓ 32%
Median Rent
$1,523/mo ↑ 46%
$58,734/yr ↓ 38%
Median Income
$94,189/yr ↑ 60%
$171,700 ↓ 52%
Home Value
$359,100 ↑ 109%
$1,044/mo ↓ 38%
Owner Costs
$1,680/mo ↑ 61%
678,147
Population
251,153

Tax Comparison

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

Affordability

21.3%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing El Paso, TX and Chesapeake, VA, the overall cost of living indices are 67 and 112 respectively (national median = 100). Rent is $482/month cheaper in El Paso, saving renters about $5,784/year.

Median household income is $35,455/year higher in Chesapeake. Home values also differ significantly — the median in El Paso is $171,700 compared to $359,100 in Chesapeake.

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

Frequently Asked Questions

El Paso vs Chesapeake — common questions

Is El Paso or Chesapeake cheaper to live in?
Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 112 (US average = 100).
What is the rent difference between El Paso and Chesapeake?
Median rent in El Paso is $1,041/month and in Chesapeake it's $1,523/month — a difference of $482/month.
Which city has higher income, El Paso or Chesapeake?
Median household income is $58,734 in El Paso and $94,189 in Chesapeake. Median household income is $35,455/year higher in Chesapeake.
How do taxes compare between Texas and Virginia?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to El Paso or Chesapeake?
It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/mo, while Chesapeake has a cost index of 112 with rent of $1,523/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View El Paso details → View Chesapeake details →

More Comparisons

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