Cost of Living in Chelsea, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
60.0
100 = national avg
-40.0 vs national average
Living Wage (1 Adult)
$26,397
per year
Living Wage (Family of 4)
$62,393
per year
Cost Index by Category
Housing53.0
Food74.6
Transportation49.2
Healthcare79.7
Utilities75.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$717
per month
2 Bedroom
$941
per month
The overall cost of living index in Chelsea is 60.0, which is 40.0% below the national average. Housing costs are below the national average at an index of 53.0. A single adult needs to earn approximately $26,397 per year to cover basic expenses.