Albion, IN vs Taylorsville, IN
Albion is moderately more affordable than Taylorsville, with a 12.6% lower cost of living index. Albion scores 70 compared to 81 for Taylorsville, where the US average is 100. This difference means residents of Taylorsville 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 $1,133/month in Taylorsville — a 23% difference. Home values follow the same pattern: Albion is more affordable at $138,200 median vs $179,400.
Median household income in Albion is $67,687 compared to $48,640 in Taylorsville (+39.2%). 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 28% in Taylorsville.
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