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Butler, IN vs Colfax, IN

64
Butler
Indiana
VS
-8.6%
70
Colfax
Indiana

Butler is moderately more affordable than Colfax, with a 8.6% lower cost of living index. Butler scores 64 compared to 70 for Colfax, where the US average is 100. This difference means residents of Colfax can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Butler is $763/month compared to $908/month in Colfax — a 16% difference. Home values follow the same pattern: Butler is more affordable at $100,700 median vs $114,300.

Median household income in Butler is $50,179 compared to $61,964 in Colfax (-19%). While Colfax is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Butler spend roughly 18.2% of their income on rent, more than the 17.6% in Colfax.

Income & Cost

Cost of Living Index
Butler
64
9% cheaper
Colfax
70
Median Household Income
Butler
$50,179
Colfax
$61,964
19% higher

Housing

Median Rent
Butler
$763
16% cheaper
Colfax
$908
Median Home Value
Butler
$100,700
12% cheaper
Colfax
$114,300
Population
Butler
2,632
Colfax
926

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Butler
Colfax $2.91
US $3.07
🥚
Eggs (grade A, large)
Butler
Colfax $2.37
US $2.50
🥛
Milk (whole)
Butler
Colfax $3.82
US $4.03
🍞
Bread (white)
Butler
Colfax $1.75
US $1.85
🍗
Chicken breast
Butler
Colfax $3.93
US $4.14
Electricity
Butler
Colfax $0.16
US $0.19