Cost of Living: Chesapeake, VA vs Oakland park, FL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Chesapeake Oakland park
Housing Index 107.5 110.9
Median Home Price $347,000 $353,000
Average Rent (2 BR Apartment) $1801 $2141
Average Rent (2 BR House) $1958 $2327

Housing Comparison: Chesapeake vs Oakland park

  • The median home price in Oakland park is higher at $353,000, compared to $347,000 in Chesapeake.
  • In Oakland park, the rental for a two-bedroom apartment stands at $2,141, while it is $1,801 in Chesapeake.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Chesapeake Oakland park
Electricity Price $15.31 $13.89
Natural Gas Price $19.91 $26.13
Other Utilities $242 $243

Utilities Comparison: Chesapeake vs Oakland park

  • Electricity costs are higher in Chesapeake at $15.31 per kWh, compared to $13.89 in Oakland park.
  • Oakland park experiences higher natural gas costs at $26.13 per unit, with costs at $19.91 in Chesapeake.
  • Oakland park has higher utility expenses, averaging $243, while Chesapeake averages $242.