Bedford, IN vs Winchester, IN

Winchester is moderately more affordable than Bedford, with a 9.8% lower cost of living index. Bedford scores 69 compared to 63 for Winchester, where the US average is 100. This difference means residents of Bedford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bedford is $819/month compared to $727/month in Winchester — a 13% difference. Home values follow the same pattern: Winchester is more affordable at $97,000 median vs $136,900.

Median household income in Bedford is $50,253 compared to $60,833 in Winchester (-17.4%). Winchester offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bedford spend roughly 19.6% of their income on rent, more than the 14.3% in Winchester.