Chesterfield, IN vs Fish Lake, IN

Chesterfield, IN and Fish Lake, IN have a very similar cost of living, with only a 4.8% difference in their overall index. Chesterfield scores 71 while Fish Lake scores 74 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 Chesterfield is $957/month compared to $892/month in Fish Lake — a 7% difference. Interestingly, home values tell a different story: while Fish Lake has cheaper rent, Chesterfield actually has lower median home values ($102,300 vs $181,300).

Median household income in Chesterfield is $58,125 compared to $69,417 in Fish Lake (-16.3%). While Fish Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chesterfield spend roughly 19.8% of their income on rent, more than the 15.4% in Fish Lake.