Auburn, IN vs Floyds Knobs, IN

There is a significant gap in the cost of living between these two cities. Auburn is 29.1% cheaper than Floyds Knobs. With a cost index of 71 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Auburn to Floyds Knobs should plan for substantially higher expenses across most categories.

On the housing front, median rent in Auburn is $831/month compared to $1,306/month in Floyds Knobs — a 36% difference. Home values follow the same pattern: Auburn is more affordable at $172,800 median vs $336,300.

Median household income in Auburn is $62,339 compared to $143,088 in Floyds Knobs (-56.4%). While Floyds Knobs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Auburn spend roughly 16% of their income on rent, more than the 11% in Floyds Knobs.