Amboy, IN vs Hamlet, IN

Amboy, IN and Hamlet, IN have a very similar cost of living, with only a 4.9% difference in their overall index. Amboy scores 69 while Hamlet scores 66 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 Amboy is $900/month compared to $820/month in Hamlet — a 10% difference. Home values follow the same pattern: Hamlet is more affordable at $109,300 median vs $114,500.

Median household income in Amboy is $48,750 compared to $68,750 in Hamlet (-29.1%). Hamlet offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Amboy spend roughly 22.2% of their income on rent, more than the 14.3% in Hamlet.