Chesterfield, IN vs Medora, IN
Chesterfield, IN and Medora, IN have a very similar cost of living, with only a 3.8% difference in their overall index. Chesterfield scores 71 while Medora scores 68 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 $960/month in Medora — a 0% difference. Interestingly, home values tell a different story: while Chesterfield has cheaper rent, Medora actually has lower median home values ($76,400 vs $102,300).
Median household income in Chesterfield is $58,125 compared to $60,625 in Medora (-4.1%). Medora offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chesterfield spend roughly 19.8% of their income on rent, more than the 19% in Medora.
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