Chesterfield, IN vs North Vernon, IN

Chesterfield, IN and North Vernon, IN have a very similar cost of living, with only a 2.4% difference in their overall index. Chesterfield scores 71 while North Vernon scores 69 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 $904/month in North Vernon — a 6% difference. Interestingly, home values tell a different story: while North Vernon has cheaper rent, Chesterfield actually has lower median home values ($102,300 vs $107,900).

Median household income in Chesterfield is $58,125 compared to $48,235 in North Vernon (+20.5%). While Chesterfield 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, less than the 22.5% in North Vernon.