Auburn, IN vs Rensselaer, IN

Auburn, IN and Rensselaer, IN have a very similar cost of living, with only a 4.9% difference in their overall index. Auburn scores 71 while Rensselaer scores 74 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 $868/month in Rensselaer — a 4% difference. Interestingly, home values tell a different story: while Auburn has cheaper rent, Rensselaer actually has lower median home values ($149,100 vs $172,800).

Median household income in Auburn is $62,339 compared to $61,648 in Rensselaer (+1.1%). Auburn offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Auburn spend roughly 16% of their income on rent, less than the 16.9% in Rensselaer.