Auburn, IN vs Michigan City, IN
Auburn, IN and Michigan City, IN have a very similar cost of living, with only a 0.4% difference in their overall index. Auburn scores 71 while Michigan City 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 Auburn is $831/month compared to $915/month in Michigan City — a 9% difference. Interestingly, home values tell a different story: while Auburn has cheaper rent, Michigan City actually has lower median home values ($129,000 vs $172,800).
Median household income in Auburn is $62,339 compared to $52,979 in Michigan City (+17.7%). While Auburn 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, less than the 20.7% in Michigan City.
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