Alexandria, IN vs Hamilton, IN

There is a significant gap in the cost of living between these two cities. Alexandria is 20.8% cheaper than Hamilton. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Alexandria to Hamilton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alexandria is $813/month compared to $929/month in Hamilton — a 13% difference. Home values follow the same pattern: Alexandria is more affordable at $92,700 median vs $265,600.

Median household income in Alexandria is $60,616 compared to $66,884 in Hamilton (-9.4%). Hamilton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Alexandria spend roughly 16.1% of their income on rent, less than the 16.7% in Hamilton.