Cost of Living in Chariton, IA

Population 4,235 · Iowa · Data vintage 2023

38
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Chariton sits on the smaller end of the Iowa city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. A poverty rate near 21% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Chariton is about 40 miles southeast of Des Moines, the nearest large metro. Median home values run roughly 54% lower than Des Moines' $184,000.

Cost Overview

Housing 28
Rent 54

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Chariton

The median home value in Chariton is $84,200 — 72% below the national median of $305,000. Median rent runs $716/month, 46% lower than the national median of $1,314/month. The median household income of $52,109/year is 30% lower than the US median of $74,580. The local unemployment rate is 6.0%, above the national average of 4.8%. Iowa's top state income tax rate is 5.7% and the combined sales tax is 6.9%. Overall, Chariton has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.

🏠 Housing

Median Home Value
$84,200
72% below avg
Zillow Home Value
$242,479
Zillow ZHVI
Median Rent
$716/mo
46% below avg
Price-to-Rent Ratio
9.8x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$716
2 BR
$877
3 BR
$1,170
4 BR
$1,287
Owner-occupied 67.6%
Renter-occupied 32.4%

💰 Estimated Monthly Budget

Rent median rent
$716
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,330/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
15.6 min
42% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.8%

Commute Mode

Drove alone
81.8%
Carpooled
7.9%
Walked
2.9%
Work from home
5.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.7%
Total Sales Tax 6.9%
State rate 6.0%
Avg local rate 0.9%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$52,109
30% below avg
Per Capita Income
$27,795
Unemployment Rate
6.0%
26% above avg
Poverty Rate
21.3%
Labor Force Participation
62.6%

🎓 Education

Bachelor's degree+ 7.3%
Graduate degree 5.3%

👥 Demographics

Median Age 40.5
Male median age 34.9
Female median age 44.7

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
14.2:1
Student-teacher ratio
4
Public schools
1,267
Total enrollment

Frequently Asked Questions

What is the cost of living in Chariton, IA?

Chariton has a cost index of 38 (100 = national average). It is 62% below the national average.

What is average rent in Chariton, IA?

The median gross rent in Chariton is $716 per month based on 2023 Census data.

What is the average home price in Chariton?

The median home value in Chariton is $84,200 according to Zillow and Census data.

What is the median income in Chariton?

The median household income in Chariton is $52,109 per year (2023 ACS 5-year estimates).

What is the sales tax in Chariton, IA?

The combined state and local sales tax rate in Chariton is 6.9%. The Iowa state income tax top rate is 5.7%.

Is Chariton, IA affordable?

Yes, Chariton is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.

Chariton at a Glance

Population
4,235
Median Income
$52,109
Home Value
$84,200
Median Rent
$716/mo
Unemployment
6.0%
Sales Tax
6.9%
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🗺️ County data for Iowa

Explore county-level cost of living data

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