Carrollton, IN vs Montgomery, IN

There is a significant gap in the cost of living between these two cities. Montgomery is 28.6% cheaper than Carrollton. With a cost index of 76 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montgomery to Carrollton should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Carrollton are $309,800 compared to $226,000 in Montgomery, a 37% gap.

Median household income in Carrollton is $121,574 compared to $93,750 in Montgomery (+29.7%). While Carrollton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.