Cost of Living in Chapin, IA
Population: 146 | Iowa
Chapin is 21% less expensive than the national average.
Cost of Living in Chapin, IA: What You Need to Know
With a cost of living index of 79, Chapin, IA is a very affordable place to live. Living here is 21% cheaper than the national average and 8% above the Iowa state average of 71. Chapin is a small community of 146 residents.
The median household income in Chapin is $70,377, which is 6% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $70,377
- vs US Median ($75,149)
- -6%
Housing
- Median Home Value
- $85,900
- Median Monthly Housing Cost
- $421/mo