Cost of Living in Chalmers, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

102.7

100 = national avg

+2.7 vs national average

Living Wage (1 Adult)

$45,201

per year

Living Wage (Family of 4)

$106,838

per year

Cost Index by Category

Housing
97.9
Food
104.0
Transportation
107.9
Healthcare
103.2
Utilities
101.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$785

per month

2 Bedroom

$1,030

per month

The overall cost of living index in Chalmers is 102.7, which is 2.7% above the national average. Housing costs are below the national average at an index of 97.9. A single adult needs to earn approximately $45,201 per year to cover basic expenses.