Cost of Living in Chesterfield, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.3
100 = national avg
-11.7 vs national average
Living Wage (1 Adult)
$38,840
per year
Living Wage (Family of 4)
$91,804
per year
Cost Index by Category
Housing81.7
Food94.4
Transportation88.9
Healthcare95.5
Utilities93.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$919
per month
2 Bedroom
$1,206
per month
The overall cost of living index in Chesterfield is 88.3, which is 11.7% below the national average. Housing costs are below the national average at an index of 81.7. A single adult needs to earn approximately $38,840 per year to cover basic expenses.