Bedford, IN vs Winona Lake, IN

There is a significant gap in the cost of living between these two cities. Bedford is 19.2% cheaper than Winona Lake. With a cost index of 69 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bedford to Winona Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bedford is $819/month compared to $1,074/month in Winona Lake — a 24% difference. Home values follow the same pattern: Bedford is more affordable at $136,900 median vs $242,400.

Median household income in Bedford is $50,253 compared to $97,813 in Winona Lake (-48.6%). While Winona Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 19.6% of their income on rent, more than the 13.2% in Winona Lake.