Albion, IN vs Francesville, IN
Albion, IN and Francesville, IN have a very similar cost of living, with only a 0.4% difference in their overall index. Albion scores 70 while Francesville scores 70 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 $825/month in Francesville — a 6% difference. Home values follow the same pattern: Francesville is more affordable at $113,600 median vs $138,200.
Median household income in Albion is $67,687 compared to $65,469 in Francesville (+3.4%). While Albion is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albion spend roughly 15.5% of their income on rent, more than the 15.1% in Francesville.
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