Bourbon, IN vs Pendleton, IN

There is a significant gap in the cost of living between these two cities. Bourbon is 18.6% cheaper than Pendleton. With a cost index of 71 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bourbon to Pendleton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bourbon is $848/month compared to $1,154/month in Pendleton — a 27% difference. Home values follow the same pattern: Bourbon is more affordable at $156,800 median vs $236,200.

Median household income in Bourbon is $71,375 compared to $87,971 in Pendleton (-18.9%). While Pendleton 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, less than the 15.7% in Pendleton.