Cost of Living in Chester, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.4
100 = national avg
-22.6 vs national average
Living Wage (1 Adult)
$34,073
per year
Living Wage (Family of 4)
$80,536
per year
Cost Index by Category
Housing53.6
Food93.9
Transportation87.9
Healthcare95.2
Utilities87.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$838
per month
2 Bedroom
$919
per month
The overall cost of living index in Chester is 77.4, which is 22.6% below the national average. Housing costs are below the national average at an index of 53.6. A single adult needs to earn approximately $34,073 per year to cover basic expenses.