Is Chesapeake City expensive?

Chesapeake City, MD

State	Maryland
Population	705
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Chesapeake City, MD

State

Population

705

In comparison to other places in this area, Chesapeake City is somewhat more expensive, and it is a little more expensive compared to the United States as a whole. However compared to the city of Philadelphia, it is significantly more expensive.

Home prices

Chesapeake City's median home value is $270,000. Compared to its surrounding areas it is approximately $21,540 (8%) higher.It is approximately $52,500 (24%) higher in comparison to the rest of the country, and in comparison to the city of Philadelphia it is roughly $107,000 (65%) higher.

Middletown

Odessa

Glasgow

Chesapeake City

United States

North East

Elkton

Philadelphia

Comparison of median Chesapeake City home price to nearby areas

Distribution of home prices for Chesapeake City and nearby areas

Rents

The median rent in Chesapeake City is $896 a month. It is roughly $266 (22%) lower compared to other places in this area.It is approximately $166 (15%) lower compared to the entire country, and compared to the city of Philadelphia it is approximately $146 (14%) lower.

Glasgow

Middletown

Odessa

Elkton

United States

Philadelphia

Chesapeake City

North East

Comparison of median Chesapeake City rent to nearby areas

Distribution of rents for Chesapeake City and nearby areas

Nearby places

Elkton

Elkton is approximately 5 miles north of Chesapeake City. The real estate prices there are substantially less expensive. Elkton's median home value is $194,800, which is $75,200 (38%) lower than Chesapeake City. Rent there is a little more expensive. Elkton's median monthly rent is $1,066, which is $170 (15%) higher than Chesapeake City.

Glasgow

Glasgow is about 5 miles northeast of Chesapeake City. Real estate prices there are similar. The median home value in Glasgow is $274,000, which works out to $4,000 (1%) higher than Chesapeake City. The rent there is significantly more expensive. Glasgow's median monthly rent is $1,377, which comes out to $481 (34%) higher than Chesapeake City.

Middletown

Middletown is approximately 7 miles southeast from Chesapeake City. The real estate prices there are a little more expensive. Middletown's median home cost is $301,700, which is $31,700 (10%) higher than Chesapeake City. Its rents are a bit more expensive. Middletown's median monthly rent is $1,254, which works out to $358 (28%) higher than Chesapeake City.

North East

North East is approximately 8 miles northwest of Chesapeake City. Its real estate prices are a lot less expensive. North East's median home cost is $195,200, which is $74,800 (38%) lower than Chesapeake City. The rent there is fairly similar. In North East the median monthly rent is $880, which works out to $16 (1%) lower than Chesapeake City.

Odessa

Odessa is about 8 miles southeast of Chesapeake City. Real estate prices there are pretty similar. Odessa's median home cost is $276,600, which comes out to $6,600 (2%) higher than Chesapeake City. Rents there are a bit more expensive. In Odessa the median monthly rent is $1,232, which is $336 (27%) higher than Chesapeake City.