Austin, IN vs Wabash, IN

Austin, IN and Wabash, IN have a very similar cost of living, with only a 2.5% difference in their overall index. Austin scores 61 while Wabash scores 63 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 Austin is $698/month compared to $677/month in Wabash — a 3% difference. Interestingly, home values tell a different story: while Wabash has cheaper rent, Austin actually has lower median home values ($88,000 vs $115,000).

Median household income in Austin is $30,473 compared to $54,199 in Wabash (-43.8%). While Wabash is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Austin spend roughly 27.5% of their income on rent, more than the 15% in Wabash.