Charlestown, IN vs Chesterfield, IN

Chesterfield is moderately more affordable than Charlestown, with a 7.3% lower cost of living index. Charlestown scores 76 compared to 71 for Chesterfield, where the US average is 100. This difference means residents of Charlestown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Charlestown is $903/month compared to $957/month in Chesterfield — a 6% difference. Interestingly, home values tell a different story: while Charlestown has cheaper rent, Chesterfield actually has lower median home values ($102,300 vs $191,200).

Median household income in Charlestown is $77,548 compared to $58,125 in Chesterfield (+33.4%). While Charlestown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Charlestown spend roughly 14% of their income on rent, less than the 19.8% in Chesterfield.