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Chester, IA vs Elliott, IA

56
Chester
Iowa
VS
-12.2%
63
Elliott
Iowa

Chester is moderately more affordable than Elliott, with a 12.2% lower cost of living index. Chester scores 56 compared to 63 for Elliott, where the US average is 100. This difference means residents of Elliott can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chester is $513/month compared to $840/month in Elliott — a 39% difference. Interestingly, home values tell a different story: while Chester has cheaper rent, Elliott actually has lower median home values ($68,100 vs $101,800).

Median household income in Chester is $57,500 compared to $65,357 in Elliott (-12%). The higher salaries in Elliott partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chester spend roughly 10.7% of their income on rent, less than the 15.4% in Elliott.

Income & Cost

Cost of Living Index
Chester
56
12% cheaper
Elliott
63
Median Household Income
Chester
$57,500
Elliott
$65,357
12% higher

Housing

Median Rent
Chester
$513
39% cheaper
Elliott
$840
Median Home Value
Chester
$101,800
Elliott
$68,100
33% cheaper
Population
Chester
141
Elliott
419

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chester
Elliott $2.96
US $3.07
🥚
Eggs (grade A, large)
Chester
Elliott $2.41
US $2.50
🥛
Milk (whole)
Chester
Elliott $3.89
US $4.03
🍞
Bread (white)
Chester
Elliott $1.79
US $1.85
🍗
Chicken breast
Chester
Elliott $4.00
US $4.14
Electricity
Chester
Elliott $0.15
US $0.19