Bourbon, IN vs Lizton, IN

Bourbon is moderately more affordable than Lizton, with a 12.1% lower cost of living index. Bourbon scores 71 compared to 81 for Lizton, where the US average is 100. This difference means residents of Lizton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bourbon is $848/month compared to $1,054/month in Lizton — a 20% difference. Home values follow the same pattern: Bourbon is more affordable at $156,800 median vs $193,500.

Median household income in Bourbon is $71,375 compared to $105,938 in Lizton (-32.6%). While Lizton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bourbon spend roughly 14.3% of their income on rent, more than the 11.9% in Lizton.