Boswell, IN vs Edgewood, IN

There is a significant gap in the cost of living between these two cities. Boswell is 22.8% cheaper than Edgewood. With a cost index of 67 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Boswell to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boswell is $900/month compared to $1,296/month in Edgewood — a 31% difference. Home values follow the same pattern: Boswell is more affordable at $92,400 median vs $173,800.

Median household income in Boswell is $49,091 compared to $85,842 in Edgewood (-42.8%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boswell spend roughly 22% of their income on rent, more than the 18.1% in Edgewood.