CostIndexUSA

Bozeman, MT vs Chesapeake, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableVA
Chesapeake
97.9
overall index
$1,800/mo rent

Chesapeake is slightly cheaper than Bozeman — 4.5% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $76,400 in Chesapeake. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing28.3%
Bozeman
139.2
Chesapeake
99.8
🛒 Groceries+0.8%
Bozeman
96
Chesapeake
96.8
🚗 Transportation≈ Equal
Bozeman
103.7
Chesapeake
103.5
🏥 Healthcare≈ Equal
Bozeman
93.8
Chesapeake
93.7
Utilities+21.7%
Bozeman
73.6
Chesapeake
89.6

Salary Equivalency Calculator

Enter your current salary in Bozeman to see what you'd need to earn in Chesapeake to maintain the same purchasing power.

$
Equivalent salary in Chesapeake, VA
$76,400
$3,600 less needed in Chesapeake

Formula: salary × (97.9 ÷ 102.5) = salary × 0.9551. Based on BEA Regional Price Parities.

Housing Market

Bozeman, MT

Median Home Price
$678,000
Median Monthly Rent
$2,100
Housing Index
139.2
Price-to-Rent Ratio
26.9×

Chesapeake, VA

Median Home Price
$360,000
Median Monthly Rent
$1,800
Housing Index
99.8
Price-to-Rent Ratio
16.7×

Bozeman has 28.3% lower housing costs compared to Chesapeake.

Income & Job Market

Bozeman, MT

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
2.4%
Population
53,293
Top Industries
EducationTechnologyTourismHealthcareAgriculture

Chesapeake, VA

Median Household Income
$79,300
Per Capita Income
$45,200
Unemployment Rate
4.3%
Population
249,422
Top Industries
MilitaryHealthcareRetailManufacturingGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bozeman, MT
3.6×income-to-rent ratio

72% of income left after rent (median)

Chesapeake, VA
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.