Cost of Living: Greensboro, NC vs Chesapeake, VA (2026)

Greensboro

North Carolina
76
VS

Chesapeake

Virginia
112

Greensboro is 32% cheaper than Chesapeake.

$1,114/mo ↓ 27%
Median Rent
$1,523/mo ↑ 37%
$58,884/yr ↓ 37%
Median Income
$94,189/yr ↑ 60%
$221,300 ↓ 38%
Home Value
$359,100 ↑ 62%
$1,107/mo ↓ 34%
Owner Costs
$1,680/mo ↑ 52%
298,564
Population
251,153

Tax Comparison

4.5%
Income Tax
5.75%
4.75%
State Sales Tax
5.3%
0.8%
Property Tax
0.8%

Affordability

22.7%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Greensboro, NC and Chesapeake, VA, the overall cost of living indices are 76 and 112 respectively (national median = 100). Rent is $409/month cheaper in Greensboro, saving renters about $4,908/year.

Median household income is $35,305/year higher in Chesapeake. Home values also differ significantly — the median in Greensboro is $221,300 compared to $359,100 in Chesapeake.

North Carolina has a lower income tax rate, making Greensboro slightly more tax-friendly.

Frequently Asked Questions

Greensboro vs Chesapeake — common questions

Is Greensboro or Chesapeake cheaper to live in?
Based on our cost index, Greensboro is cheaper to live in with an index of 76 compared to 112 (US average = 100).
What is the rent difference between Greensboro and Chesapeake?
Median rent in Greensboro is $1,114/month and in Chesapeake it's $1,523/month — a difference of $409/month.
Which city has higher income, Greensboro or Chesapeake?
Median household income is $58,884 in Greensboro and $94,189 in Chesapeake. Median household income is $35,305/year higher in Chesapeake.
How do taxes compare between North Carolina and Virginia?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Greensboro or Chesapeake?
It depends on your priorities. Greensboro has a cost index of 76 with median rent of $1,114/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 Greensboro details → View Chesapeake details →

More Comparisons

Other cost of living comparisons for Greensboro and Chesapeake

Greensboro vs. Pittsburgh Greensboro vs. St. Louis Greensboro vs. Newark Greensboro vs. Lincoln Greensboro vs. St. Paul Greensboro vs. Jersey City Chesapeake vs. Irving Chesapeake vs. Winston-Salem Chesapeake vs. Laredo Chesapeake vs. Glendale Chesapeake vs. St. Petersburg Chesapeake vs. Garland