Cedar Lake, IN vs Highland, IN

Cedar Lake is moderately more affordable than Highland, with a 6.8% lower cost of living index. Cedar Lake scores 94 compared to 101 for Highland, where the US average is 100. This difference means residents of Highland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cedar Lake is $1,209/month compared to $1,694/month in Highland — a 29% difference. Interestingly, home values tell a different story: while Cedar Lake has cheaper rent, Highland actually has lower median home values ($216,800 vs $259,900).

Median household income in Cedar Lake is $79,177 compared to $95,696 in Highland (-17.3%). While Highland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedar Lake spend roughly 18.3% of their income on rent, less than the 21.2% in Highland.