Much like its nearby areas, it is substantially less expensive compared to the entire country. It's a lot less expensive compared to the city of Tallahassee.
Home prices
Chipley's median home value is $91,100. Compared to its nearby areas it is approximately $3,880 (4%) higher.Compared to the rest of the nation it is about $126,400 (58%) lower, and is about $112,700 (55%) lower compared to the city of Tallahassee.
Rents
The median monthly rent in Chipley is $759. In comparison to nearby areas it is roughly $100 (15%) higher.In comparison to the US as a whole it is about $303 (28%) lower, and compared to the city of Tallahassee it is roughly $264 (25%) lower.
Nearby places
Bonifay
Bonifay is about 7 miles west from Chipley. Its housing prices are a bit more expensive. Bonifay's median home value is $107,600, which is $16,500 (15%) higher than Chipley. Rent there is fairly similar. The median rent in Bonifay is $756 a month, which is very similar to Chipley.
Cottondale
Cottondale is about 9 miles east from Chipley. Real estate prices there are similar. The cost of the median home in Cottondale is $94,600, which works out to $3,500 (3%) higher than Chipley. Rent there is a bit less expensive. The median monthly rent in Cottondale is $659, which is $100 (15%) lower than Chipley.
Alford
Alford is roughly 9 miles southeast from Chipley. Its real estate prices are a bit less expensive. The median home value in Alford is $74,300, which works out to $16,800 (22%) lower than Chipley. Rents there are fairly similar. In Alford the median rent is $742 a month, which comes out to $17 (2%) lower than Chipley.
Wausau
Wausau is about 11 miles south of Chipley. Its real estate prices are a little less expensive. The median home in Wausau costs $86,700, which comes out to $4,400 (5%) lower than Chipley. The rent there is a bit less expensive. Wausau's median rent is $618 a month, which comes out to $141 (22%) lower than Chipley.
Jacob City
Jacob City is roughly 11 miles northeast from Chipley. Housing prices there are a little less expensive. The median home in Jacob City costs $72,900, which works out to $18,200 (24%) lower than Chipley. The rent there is significantly less expensive. Jacob City's median rent is $518 a month, which is $241 (46%) lower than Chipley.
