Chalmers, IN is a great place to live for those looking for an affordable lifestyle with plenty of amenities. It is home to numerous local companies such as WebStream, Bruner Steel Fabrication, Chalmers Motorsports, and Chalmers Grain & Feed Co. The cost of living in Chalmers is quite low compared to the US average. Renting a two-bedroom apartment costs $790 on average, while the US average is $1,430. Additionally, food costs in Chalmers are only 93 points on the Grocery Cost Index versus 100 in the US. This makes Chalmers an ideal place for those who want to save money while still having access to a desirable location and amenities.
Chalmers has an unemployment rate of 3.4%. The US average is 6.0%.
Chalmers has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Chalmers
- The Sales Tax Rate for Chalmers is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Chalmers is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chalmers
- The average income of a Chalmers resident is $19,654 a year. The US average is $28,555 a year.
- The Median household income of a Chalmers resident is $62,143 a year. The US average is $69,021 a year.