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Attica, IN vs Elwood, IN

63
Attica
Indiana
VS
-5.3%
66
Elwood
Indiana

Attica is moderately more affordable than Elwood, with a 5.3% lower cost of living index. Attica scores 63 compared to 66 for Elwood, where the US average is 100. This difference means residents of Elwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Attica is $695/month compared to $838/month in Elwood — a 17% difference. Interestingly, home values tell a different story: while Attica has cheaper rent, Elwood actually has lower median home values ($92,800 vs $116,300).

Median household income in Attica is $66,081 compared to $54,084 in Elwood (+22.2%). Attica offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Attica spend roughly 12.6% of their income on rent, less than the 18.6% in Elwood.

Income & Cost

Cost of Living Index
Attica
63
5% cheaper
Elwood
66
Median Household Income
Attica
$66,081
18% higher
Elwood
$54,084

Housing

Median Rent
Attica
$695
17% cheaper
Elwood
$838
Median Home Value
Attica
$116,300
Elwood
$92,800
20% cheaper
Population
Attica
3,221
Elwood
8,320

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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