Median rent is 4% lower in Chesapeake ($1,586/mo vs $1,648/mo). Buying is cheaper in Chesapeake, where the median home runs $378,400 versus $452,600. Households earn more in Chesapeake ($95,373 vs $84,818 a year).
City A
Chesapeake, VA
City B
Colorado Springs, CO
How much would you need to earn in Colorado Springs, CO to maintain your standard of living from Chesapeake, VA?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Chesapeake
Virginia
Colorado Springs
Colorado
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,586/mo in Chesapeake and $1,648/mo in Colorado Springs. Median home values are within 16% of each other: $378,400 in Chesapeake and $452,600 in Colorado Springs.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Chesapeake
Income tax: N/A
Sales tax: N/A
Colorado Springs
Income tax: N/A
Sales tax: N/A
Colorado Springs has cleaner air on average: 23.0 AQI (Good) compared to 45.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Chesapeake if you prioritize higher median household income ($95,373/yr).
Pick Colorado Springs if you prioritize cleaner air quality (avg AQI 23.0).
Is Chesapeake cheaper than Colorado Springs?
Cost of living index data is not yet available for one or both cities.
How much is rent in Chesapeake vs Colorado Springs?
Median rent is $1,586/mo in Chesapeake, VA and $1,648/mo in Colorado Springs, CO. Chesapeake, VA has the lower rent by about 4%.
Which has higher salaries — Chesapeake or Colorado Springs?
Median household income is $95,373 in Chesapeake, VA and $84,818 in Colorado Springs, CO. Chesapeake, VA has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Colorado Springs, CO has better air quality on average: 23.0 AQI versus 45.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Chesapeake or Colorado Springs?
State tax data is not yet available for one or both cities.
What salary do I need in Colorado Springs to match my Chesapeake income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
