Albion, IN vs Fish Lake, IN

Albion, IN and Fish Lake, IN have a very similar cost of living, with only a 4.9% difference in their overall index. Albion scores 70 while Fish Lake scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albion is $875/month compared to $892/month in Fish Lake — a 2% difference. Home values follow the same pattern: Albion is more affordable at $138,200 median vs $181,300.

Median household income in Albion is $67,687 compared to $69,417 in Fish Lake (-2.5%). The higher salaries in Fish Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Albion spend roughly 15.5% of their income on rent, more than the 15.4% in Fish Lake.