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Chesterton, IN vs Rensselaer, IN

94
Chesterton
Indiana
VS
+25.8%
74
Rensselaer
Indiana

There is a significant gap in the cost of living between these two cities. Rensselaer is 25.8% cheaper than Chesterton. With a cost index of 74 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rensselaer to Chesterton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chesterton is $1,145/month compared to $868/month in Rensselaer — a 32% difference. Home values follow the same pattern: Rensselaer is more affordable at $149,100 median vs $280,400.

Median household income in Chesterton is $88,536 compared to $61,648 in Rensselaer (+43.6%). While Chesterton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chesterton spend roughly 15.5% of their income on rent, less than the 16.9% in Rensselaer.

Income & Cost

Cost of Living Index
Chesterton
94
Rensselaer
74
20% cheaper
Median Household Income
Chesterton
$88,536
30% higher
Rensselaer
$61,648

Housing

Median Rent
Chesterton
$1,145
Rensselaer
$868
24% cheaper
Median Home Value
Chesterton
$280,400
Rensselaer
$149,100
47% cheaper
Population
Chesterton
14,326
Rensselaer
5,369

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chesterton $3.20
Rensselaer $3.20
US $3.07
🥚
Eggs (grade A, large)
Chesterton $2.61
Rensselaer $2.61
US $2.50
🥛
Milk (whole)
Chesterton $4.20
Rensselaer $4.20
US $4.03
🍞
Bread (white)
Chesterton $1.93
Rensselaer $1.93
US $1.85
🍗
Chicken breast
Chesterton $4.32
Rensselaer $4.32
US $4.14
Electricity
Chesterton $0.15
Rensselaer $0.15
US $0.19