Chesapeake vs Portsmouth

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $246,900 in Portsmouth and $378,400 in Chesapeake.
  • Households earn more in Chesapeake ($95,373 vs $60,491 median).
  • Chesapeake is growing faster: +2.4% since 2020 vs -1.2%.

Side by side

Chesapeake, VAPortsmouth, VA
People
Population (2025)255,33296,777
Growth since 2020+2.4%-1.2%
People per square mile7542,906
Median age37.935.9
Bachelor's degree or higher37%24%
Money and housing
Median household income$95,373$60,491
Median home value$378,400$246,900
Home value to income4.0×4.1×
Median rent (with utilities)$1,586$1,300
Metro price level (US = 100)97.997.9
Housing price level (US = 100)99.899.8
$75,000 elsewhere equals$73,500$73,500
Homeowners74%58%
Top state income tax5.75%5.75%
Combined sales tax5.77%5.77%
Work and commute
Average commute (minutes)25.823.7
Work from home13%9%
Take public transit1%2%
Unemployment (2020-24 avg)4.9%6.6%
Poverty rate9.4%17.3%
Weather
January high / low51° / 34°50° / 34°
July high / low89° / 73°89° / 73°
Precipitation per year49 in46 in
Snowfall per year6 in3 in
Days 90°F or hotter3642
Nights below freezing4132
Comfortable months53
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively LowRelatively Low
FEMA risk score (lower is safer)80.954.0
Good air days, 202578%78%
Home prices, past year+3.6%+3.6%
Home prices, past 5 years+43.4%+43.4%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Chesapeake Portsmouth. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Chesapeake: April to June and October to November. Portsmouth: April to May and October.

Full monthly tables: Chesapeake weather by month and Portsmouth weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $73,500 in Chesapeake and $73,500 in Portsmouth. Moving from Chesapeake to Portsmouth, you would need about $75,000 to match a $75,000 salary.

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Moving between Chesapeake and Portsmouth

1,488people moved from Chesapeake city, VA to Portsmouth city, VA in a year
1,530moved the other way

IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Chesapeake and Portsmouth.

Which would you pick?

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