Chatsworth, IA vs Parnell, IA
Parnell is moderately more affordable than Chatsworth, with a 10.8% lower cost of living index. Chatsworth scores 78 compared to 71 for Parnell, where the US average is 100. This difference means residents of Chatsworth can expect to pay noticeably more for everyday expenses, housing, and services.
Renters will find that Chatsworth has a median rent of $740/month while Parnell comes in at $950/month, a 22% difference.
Median household income in Chatsworth is $45,556 compared to $56,667 in Parnell (-19.6%). Parnell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chatsworth spend roughly 19.5% of their income on rent, less than the 20.1% in Parnell.
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