Chatham, LA vs Fenton, LA
Chatham, LA and Fenton, LA have a very similar cost of living, with only a 3.5% difference in their overall index. Chatham scores 54 while Fenton scores 56 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Chatham is $688/month compared to $569/month in Fenton — a 21% difference. Interestingly, home values tell a different story: while Fenton has cheaper rent, Chatham actually has lower median home values ($45,000 vs $97,900).
Median household income in Chatham is $31,458 compared to $24,063 in Fenton (+30.7%). Chatham offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chatham spend roughly 26.2% of their income on rent, less than the 28.4% in Fenton.
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