Albion, IN vs Gilmer Park, IN

Albion is moderately more affordable than Gilmer Park, with a 11.4% lower cost of living index. Albion scores 70 compared to 80 for Gilmer Park, where the US average is 100. This difference means residents of Gilmer Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albion is $875/month compared to $1,162/month in Gilmer Park — a 25% difference. Home values follow the same pattern: Albion is more affordable at $138,200 median vs $142,600.

Median household income in Albion is $67,687 compared to $61,184 in Gilmer Park (+10.6%). Albion offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albion spend roughly 15.5% of their income on rent, less than the 22.8% in Gilmer Park.