Chesapeake vs Raleigh
The short version
- Overall prices are about the same in both metro areas (BEA 2024).
- The median home costs $378,400 in Chesapeake and $415,800 in Raleigh.
- Households earn more in Chesapeake ($95,373 vs $85,395 median).
- Raleigh is growing faster: +8.2% since 2020 vs +2.4%.
Side by side
| Chesapeake, VA | Raleigh, NC | |
|---|---|---|
| People | ||
| Population (2025) | 255,332 | 506,306 |
| Growth since 2020 | +2.4% | +8.2% |
| People per square mile | 754 | 3,354 |
| Median age | 37.9 | 34.7 |
| Bachelor's degree or higher | 37% | 54% |
| Money and housing | ||
| Median household income | $95,373 | $85,395 |
| Median home value | $378,400 | $415,800 |
| Home value to income | 4.0× | 4.9× |
| Median rent (with utilities) | $1,586 | $1,572 |
| Metro price level (US = 100) | 97.9 | 98.2 |
| Housing price level (US = 100) | 99.8 | 103.5 |
| $75,000 elsewhere equals | $73,500 | $73,600 |
| Homeowners | 74% | 51% |
| Top state income tax | 5.75% | 3.99% |
| Combined sales tax | 5.77% | 7.1% |
| Work and commute | ||
| Average commute (minutes) | 25.8 | 23.0 |
| Work from home | 13% | 26% |
| Take public transit | 1% | 1% |
| Unemployment (2020-24 avg) | 4.9% | 4.4% |
| Poverty rate | 9.4% | 11.9% |
| Weather | ||
| January high / low | 51° / 34° | 52° / 32° |
| July high / low | 89° / 73° | 91° / 70° |
| Precipitation per year | 49 in | 46 in |
| Snowfall per year | 6 in | 5 in |
| Days 90°F or hotter | 36 | 52 |
| Nights below freezing | 41 | 65 |
| Comfortable months | 5 | 3 |
| Risks, air and home prices | ||
| Natural hazard risk (FEMA, county) | Relatively Low | Relatively High |
| FEMA risk score (lower is safer) | 80.9 | 95.5 |
| Good air days, 2025 | 78% | 66% |
| Home prices, past year | +3.6% | +1.1% |
| Home prices, past 5 years | +43.4% | +44.9% |
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
Most comfortable months: Chesapeake: April to June and October to November. Raleigh: April to May and October.
Full monthly tables: Chesapeake weather by month and Raleigh 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 $73,600 in Raleigh. Moving from Chesapeake to Raleigh, you would need about $75,200 to match a $75,000 salary.
Moving between Chesapeake and Raleigh
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 Raleigh.
Which would you pick?
One vote per person. Results show after you vote.