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Cost & Benefits

Chesapeake vs Ferrum

Simple answer

You'd likely save $948 a month in Ferrum.

Typical rent is $1,586 in Chesapeake and $638 in Ferrum. This is the Census typical rent, not a promise about your lease.

Chesapeake

Virginia

Typical rent
$1,586
Typical pay
$95,373 a year
2-bedroom fair rent
$1,667
Price index
97.9 (metro)

Ferrum

Virginia

Typical rent
$638
Typical pay
$40,435 a year
2-bedroom fair rent
$1,080
Price index
93.6 (metro)

Benefits after a move

Chesapeake and Ferrum are in the same state, so the benefit rules do not change when you move between them.