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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

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You'd save $1.0K/month moving to Greensboro, NC

$150.0K in your current city equals $137.8K in Greensboro, NC

Rent data from HUD ZIP-level estimates · COL index from Virginia Beach-Norfolk-Newport News, VA-NC area
Overall Cost
13.6%
Less expensive
Monthly Impact
$1,019
Savings
Annual Impact
$12.2K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Chesapeake, VA

Population:249K
Cost Index:
100
100 = national average
Median Home:$347K

Greensboro, NC

Population:302K
Cost Index:
86
(14% below avg)
Median Home:$229K

Chesapeake, VA

The Old Dominion State

249K
Population
State Tax
Yes

Located in Virginia, this city has a population of 249K residents.

Greensboro, NC

The Tar Heel State

302K
Population
State Tax
Yes

Located in North Carolina, this city has a population of 302K residents.

Cost Breakdown by Category

Annual spending: Chesapeake, VA vs Greensboro, NC

Housing
21.9%
Chesapeake, VA
$2,729
Greensboro, NC
$2,131
Difference
$598
less
Other
10.5%
Chesapeake, VA
$1,758
Greensboro, NC
$1,574
Difference
$184
less
Transportation
6.4%
Chesapeake, VA
$1,284
Greensboro, NC
$1,202
Difference
$81.96
less
All Utilities
9.5%
Chesapeake, VA
$574
Greensboro, NC
$519
Difference
$54.64
less
Healthcare
4.9%
Chesapeake, VA
$632
Greensboro, NC
$601
Difference
$30.98
less
Groceries
0.0%
Chesapeake, VA
$959
Greensboro, NC
$959
Difference
$0
same

🏠Rent Comparison

Studio
From$1,630
To$1,220
$410
1 Bed
From$1,660
To$1,280
$380
2 Bed
From$1,875
To$1,400
$475
3 Bed
From$2,600
To$1,790
$810
Chesapeake, VAZIP-level data

1BR range: $1,290$1,900/mo

Greensboro, NCZIP-level data

1BR range: $1,070$1,600/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,935
Monthly in Chesapeake, VA
$6,986
Monthly in Greensboro, NC
$949
Difference

Home Values

Chesapeake
Greensboro
$347K
Median Value
$229K
↑ +2%
YoY Change
↓ -0.7%
↑ +34.2%
5-Year Change
↑ +35.9%
$277K - $411K
Price Range
$179K - $364K

Homes in Greensboro are 34% less expensive than Chesapeake

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
$1.2K
Per year
Monthly Difference
$104
More take-home
Effective Rate Diff
0.8%
Rate difference

Chesapeake, VA

Federal Income Tax
Effective: 18.9%
$25.5K
Virginia State Tax
Effective: 5.6%
$8.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.3%
$45.4K
Take-Home Pay
$8,718/month
$104.6K

Greensboro, NC

Federal Income Tax
Effective: 18.9%
$25.5K
North Carolina State Tax
Effective: 4.8%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,822/month
$105.9K

Additional Tax Information

Chesapeake, VA Tax Rates

Sales Tax:5.7%
Property Tax:0.8%

Greensboro, NC Tax Rates

Sales Tax:7.1%
Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Chesapeake
Greensboro
36 Good
Air Quality
47 Good
80.3%
Good Air Days
57.4%
81 Low
Climate Risk
92 Moderate
None
Top Hazards
🌊🌪💨
+2.6°F
2050 Outlook
+2.8°F
21 days
Heat Days >95°F
30 days
+2.6°F
2050 Outlook
+2.8°F
21 days
Heat Days >95°F
30 days

What to Consider When Moving from Chesapeake, VA to Greensboro, NC

Relocating from Chesapeake, VA to Greensboro, NC involves more than just comparing rent prices. While the overall cost of living is about 14% lower in Greensboro, NC, your actual experience will depend on your lifestyle, job situation, and priorities. Here are the key factors to weigh before making the move.

Housing & Rent

Housing is typically the largest line item in any budget, and it’s where the biggest differences show up between cities. In this comparison, housing in Greensboro, NC is 22% cheaper than in Chesapeake, VA. Keep in mind that neighborhood choice within a city can swing rent by 30–50%, so research specific areas — not just city averages — before signing a lease. If you’re buying, factor in property tax rates, which vary significantly by county and state.

Job Market & Salary Adjustments

A lower cost of living doesn’t help if your salary drops proportionally. Before committing to a move, research whether employers in Greensboro, NC pay comparable wages for your role. Remote workers may keep their current salary, but some companies adjust pay based on location. Use the salary calculator above to see what you’d need to earn in Greensboro, NC to match your current standard of living in Chesapeake, VA.

Taxes & Take-Home Pay

State income tax, property tax, and sales tax all affect how far your paycheck stretches. Some states have no income tax but make up for it with higher property or sales taxes. The tax comparison section above breaks down how your take-home pay would change. Don’t forget about vehicle registration fees, tolls, and other state-specific costs that add up over a year.

Quality of Life & Lifestyle Fit

Numbers only tell part of the story. Consider climate preferences, commute times, proximity to family, school quality if you have children, healthcare access, and the general “feel” of a city. A place that’s 15% cheaper might not be worth it if it means a longer commute or fewer amenities you value. If possible, visit Greensboro, NC for a week before making a final decision — experiencing the day-to-day rhythm matters more than any spreadsheet.

Frequently Asked Questions: Chesapeake, VA vs Greensboro, NC

Is Greensboro, NC cheaper than Chesapeake, VA?

Yes, Greensboro, NC is about 13.6% cheaper than Chesapeake, VA. You could save approximately $1,019/month on a $150,000 salary. Housing costs are 22% lower in Greensboro, NC.

What salary do I need in Greensboro, NC to match my lifestyle in Chesapeake, VA?

If you currently earn $150,000 in Chesapeake, VA, you would need approximately $137,767 in Greensboro, NC to maintain the same standard of living. This accounts for differences in housing, groceries, transportation, utilities, healthcare, and other typical expenses. Use the salary input above to adjust this based on your actual income.

How does rent compare between Chesapeake, VA and Greensboro, NC?

A two-bedroom apartment averages $1,875/month in Chesapeake, VA compared to $1,400/month in Greensboro, NC. One-bedroom apartments are $1,660/month in Chesapeake, VA vs $1,280/month in Greensboro, NC. These are area-wide medians — specific neighborhoods can vary significantly. Check the ZIP-level rent breakdown above for more granular data.

Are groceries more expensive in Chesapeake, VA or Greensboro, NC?

Grocery prices are very similar between Chesapeake, VA and Greensboro, NC, with less than 1% difference. Your food budget would stay about the same.

What is the best time to move from Chesapeake, VA to Greensboro, NC?

Most people find that moving during the off-season (October through March) results in lower moving costs, since demand for movers and rental trucks drops. If you're renting, you may also find more negotiable lease terms during winter months. However, if you have school-age children, summer moves allow for a smoother school transition. For the best combination of availability and price, consider moving in early fall or late spring.

💰 See how taxes change too — compare take-home pay between Virginia and North Carolina on TaxTakeHome.com

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