Is Portland, OR cheaper than Chesapeake, VA?

Based on cost of living data, Portland, OR is 26.2% more expensive than Chesapeake, VA. This translates to spending an extra $1966 per month.

What salary do I need in Portland, OR to live like I do in Chesapeake, VA?

If you earn $150,000 in Chesapeake, VA, you'd need approximately $173,592.233 in Portland, OR to maintain the same standard of living.

How does housing cost compare between Chesapeake, VA and Portland, OR?

Housing in Portland, OR is 72.4% more expensive than in Chesapeake, VA. For a two-bedroom apartment, rent is $1,900/month in Portland, OR compared to $1,875/month in Chesapeake, VA.

How much can I save per month by moving from Chesapeake, VA to Portland, OR?

Living in Portland, OR costs approximately $1966 more per month than Chesapeake, VA, or $23592 more per year, based on a $150,000 salary.

Chesapeake, VA vs Portland, OR: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Chesapeake, VA

Numbers update automatically as you type

You'd spend $2.0K/month more in Portland, OR

$150.0K in your current city equals $173.6K in Portland, OR

Rent data from HUD ZIP-level estimates · COL index from Virginia Beach-Norfolk-Newport News, VA-NC area

Overall Cost

↑ 26.2%

More expensive

Monthly Impact

$1,966

Extra cost

Annual Impact

$23.6K

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

Portland, OR

Population:641K

Cost Index:

126

(26% above avg)

Median Home:$535K

Chesapeake, VA

The Old Dominion State

249K

Population

State Tax

Yes

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

Portland, OR

The Beaver State

641K

Population

State Tax

Yes

Climate

Oceanic

Notable Facts

•Craft beer capital
•Foodie destination
•Keep Portland Weird

Major Industries

TechnologyManufacturingFood & BeverageTourism

Cost Breakdown by Category

Annual spending: Chesapeake, VA vs Portland, OR

Category	Chesapeake, VA	Portland, OR	Difference	Change
Housing	$2,729/mo	$4,704/mo	↑ $1,975more	72.4%
Transportation	$1,284/mo	$1,721/mo	↑ $437more	34.0%
Other	$1,758/mo	$1,925/mo	↑ $167more	9.5%
Groceries	$959/mo	$1,069/mo	↑ $110more	11.5%
All Utilities	$574/mo	$475/mo	↓ $98.36less	17.1%
Healthcare	$632/mo	$663/mo	↑ $30.98more	4.9%

Housing

↑ 72.4%

Chesapeake, VA

$2,729

Portland, OR

$4,704

Difference

$1,975

Transportation

↑ 34.0%

Chesapeake, VA

$1,284

Portland, OR

$1,721

Difference

$437

Other

↑ 9.5%

Chesapeake, VA

$1,758

Portland, OR

$1,925

Difference

$167

Groceries

↑ 11.5%

Chesapeake, VA

$959

Portland, OR

$1,069

Difference

$110

All Utilities

↓ 17.1%

Chesapeake, VA

$574

Portland, OR

$475

Difference

$98.36

less

Healthcare

↑ 4.9%

Chesapeake, VA

$632

Portland, OR

$663

Difference

$30.98

🏛️ Local Income Taxes

Portland, OR: Multnomah County Preschool for All$1,500/yr (1.0%)

Chesapeake, VA has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$1,630

To$1,555

↓ $75.00

1 Bed

From$1,660

To$1,655

↓ $5.00

2 Bed

From$1,875

To$1,900

↑ $25.00

3 Bed

From$2,600

To$2,590

↓ $10.00

Chesapeake, VAZIP-level data

1BR range: $1,290–$1,900/mo

Portland, ORZIP-level data

1BR range: $1,580–$2,030/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

$10,557

Monthly in Portland, OR

$2,622

Difference

Home Values

Chesapeake

Portland

$347K

Median Value

$535K

↑ +2%

YoY Change

↓ -1.2%

↑ +34.2%

5-Year Change

↑ +7.2%

$277K - $411K

Price Range

$351K - $760K

Homes in Portland are 54% more expensive than Chesapeake

Calculate payment - Chesapeake Calculate payment - Portland

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $7.1K

More taxes

Monthly Difference

$595

Less take-home

Effective Rate Diff

4.8%

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

Portland, OR

Federal Income Tax

Effective: 18.9%

$25.5K

Oregon State Tax

Effective: 10.3%

$15.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 35.0%

$52.5K

Take-Home Pay

$8,123/month

$97.5K

Additional Tax Information

Chesapeake, VA Tax Rates

Sales Tax:5.7%

Property Tax:0.8%

Portland, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

💡 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.