Cost of Living: Lincoln, NE vs Chesapeake, VA (2026)

Lincoln

Nebraska
77
VS

Chesapeake

Virginia
112

Lincoln is 31% cheaper than Chesapeake.

$1,045/mo ↓ 31%
Median Rent
$1,523/mo ↑ 46%
$69,991/yr ↓ 26%
Median Income
$94,189/yr ↑ 35%
$248,200 ↓ 31%
Home Value
$359,100 ↑ 45%
$1,140/mo ↓ 32%
Owner Costs
$1,680/mo ↑ 47%
291,932
Population
251,153

Tax Comparison

6.64%
Income Tax
5.75%
5.5%
State Sales Tax
5.3%
1.73%
Property Tax
0.8%

Affordability

17.9%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Lincoln, NE and Chesapeake, VA, the overall cost of living indices are 77 and 112 respectively (national median = 100). Rent is $478/month cheaper in Lincoln, saving renters about $5,736/year.

Median household income is $24,198/year higher in Chesapeake. Home values also differ significantly — the median in Lincoln is $248,200 compared to $359,100 in Chesapeake.

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

Frequently Asked Questions

Lincoln vs Chesapeake — common questions

Is Lincoln or Chesapeake cheaper to live in?
Based on our cost index, Lincoln is cheaper to live in with an index of 77 compared to 112 (US average = 100).
What is the rent difference between Lincoln and Chesapeake?
Median rent in Lincoln is $1,045/month and in Chesapeake it's $1,523/month — a difference of $478/month.
Which city has higher income, Lincoln or Chesapeake?
Median household income is $69,991 in Lincoln and $94,189 in Chesapeake. Median household income is $24,198/year higher in Chesapeake.
How do taxes compare between Nebraska and Virginia?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Lincoln or Chesapeake?
It depends on your priorities. Lincoln has a cost index of 77 with median rent of $1,045/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 Lincoln details → View Chesapeake details →

More Comparisons

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