Chesterfield, IN vs Goodland, IN
There is a significant gap in the cost of living between these two cities. Goodland is 22% cheaper than Chesterfield. With a cost index of 58 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Goodland to Chesterfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Chesterfield is $957/month compared to $475/month in Goodland — a 102% difference. Home values follow the same pattern: Goodland is more affordable at $92,200 median vs $102,300.
Median household income in Chesterfield is $58,125 compared to $56,438 in Goodland (+3%). Chesterfield does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Chesterfield spend roughly 19.8% of their income on rent, more than the 10.1% in Goodland.
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