Cost of Living in Chapin, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.9
100 = national avg
-16.1 vs national average
Living Wage (1 Adult)
$36,913
per year
Living Wage (Family of 4)
$87,248
per year
Cost Index by Category
Housing47.3
Food103.8
Transportation107.6
Healthcare103.0
Utilities91.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Chapin is 83.9, which is 16.1% below the national average. Housing costs are below the national average at an index of 47.3. A single adult needs to earn approximately $36,913 per year to cover basic expenses.