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Atlanta, IN vs Spencer, IN

74
Atlanta
Indiana
VS
+4.9%
71
Spencer
Indiana

Atlanta, IN and Spencer, IN have a very similar cost of living, with only a 4.9% difference in their overall index. Atlanta scores 74 while Spencer scores 71 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 Atlanta is $993/month compared to $860/month in Spencer — a 16% difference. Interestingly, home values tell a different story: while Spencer has cheaper rent, Atlanta actually has lower median home values ($134,100 vs $146,300).

Median household income in Atlanta is $61,583 compared to $47,994 in Spencer (+28.3%). While Atlanta is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Atlanta spend roughly 19.3% of their income on rent, less than the 21.5% in Spencer.

Income & Cost

Cost of Living Index
Atlanta
74
Spencer
71
5% cheaper
Median Household Income
Atlanta
$61,583
22% higher
Spencer
$47,994

Housing

Median Rent
Atlanta
$993
Spencer
$860
13% cheaper
Median Home Value
Atlanta
$134,100
8% cheaper
Spencer
$146,300
Population
Atlanta
789
Spencer
2,308

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Atlanta $2.91
Spencer $2.91
US $3.07
🥚
Eggs (grade A, large)
Atlanta $2.37
Spencer $2.37
US $2.50
🥛
Milk (whole)
Atlanta $3.82
Spencer $3.82
US $4.03
🍞
Bread (white)
Atlanta $1.75
Spencer $1.75
US $1.85
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Chicken breast
Atlanta $3.93
Spencer $3.93
US $4.14
Electricity
Atlanta $0.16
Spencer $0.16
US $0.19