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Cedar Grove, IN vs Harmony, IN

64
Cedar Grove
Indiana
VS
-3.2%
66
Harmony
Indiana

Cedar Grove, IN and Harmony, IN have a very similar cost of living, with only a 3.2% difference in their overall index. Cedar Grove scores 64 while Harmony scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cedar Grove is $588/month compared to $850/month in Harmony — a 31% difference. Interestingly, home values tell a different story: while Cedar Grove has cheaper rent, Harmony actually has lower median home values ($115,100 vs $160,900).

Median household income in Cedar Grove is $60,625 compared to $53,650 in Harmony (+13%). Cedar Grove offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cedar Grove spend roughly 11.6% of their income on rent, less than the 19% in Harmony.

Income & Cost

Cost of Living Index
Cedar Grove
64
3% cheaper
Harmony
66
Median Household Income
Cedar Grove
$60,625
12% higher
Harmony
$53,650

Housing

Median Rent
Cedar Grove
$588
31% cheaper
Harmony
$850
Median Home Value
Cedar Grove
$160,900
Harmony
$115,100
28% cheaper
Population
Cedar Grove
244
Harmony
708

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cedar Grove $2.89
Harmony $2.91
US $3.07
🥚
Eggs (grade A, large)
Cedar Grove $2.36
Harmony $2.37
US $2.50
🥛
Milk (whole)
Cedar Grove $3.80
Harmony $3.82
US $4.03
🍞
Bread (white)
Cedar Grove $1.75
Harmony $1.75
US $1.85
🍗
Chicken breast
Cedar Grove $3.91
Harmony $3.93
US $4.14
Electricity
Cedar Grove $0.17
Harmony $0.16
US $0.19