Chapin, IA vs Silver City, IA

Silver City is moderately more affordable than Chapin, with a 11.5% lower cost of living index. Chapin scores 79 compared to 71 for Silver City, where the US average is 100. This difference means residents of Chapin can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Chapin are $85,900 compared to $139,000 in Silver City, a 38% gap.

Median household income in Chapin is $70,377 compared to $68,214 in Silver City (+3.2%). Chapin does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.