Centerville, IN vs Elberfeld, IN

Elberfeld is moderately more affordable than Centerville, with a 6.3% lower cost of living index. Centerville scores 68 compared to 64 for Elberfeld, where the US average is 100. This difference means residents of Centerville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Centerville is $799/month compared to $625/month in Elberfeld — a 28% difference. Interestingly, home values tell a different story: while Elberfeld has cheaper rent, Centerville actually has lower median home values ($133,200 vs $161,900).

Median household income in Centerville is $50,724 compared to $101,964 in Elberfeld (-50.3%). Elberfeld offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Centerville spend roughly 18.9% of their income on rent, more than the 7.4% in Elberfeld.