Beaman, IA vs Chelsea, IA

Chelsea is moderately more affordable than Beaman, with a 5.4% lower cost of living index. Beaman scores 59 compared to 56 for Chelsea, where the US average is 100. This difference means residents of Beaman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beaman is $688/month compared to $681/month in Chelsea — a 1% difference. Home values follow the same pattern: Chelsea is more affordable at $43,100 median vs $90,000.

Median household income in Beaman is $82,083 compared to $32,188 in Chelsea (+155%). While Beaman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaman spend roughly 10.1% of their income on rent, less than the 25.4% in Chelsea.