Boswell, IN vs Southport, IN
There is a significant gap in the cost of living between these two cities. Boswell is 17.6% cheaper than Southport. With a cost index of 67 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Boswell to Southport should plan for substantially higher expenses across most categories.
On the housing front, median rent in Boswell is $900/month compared to $1,081/month in Southport — a 17% difference. Home values follow the same pattern: Boswell is more affordable at $92,400 median vs $186,500.
Median household income in Boswell is $49,091 compared to $69,148 in Southport (-29%). While Southport 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 18.8% in Southport.
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