Clarksville, IN vs Kokomo, IN

Kokomo is moderately more affordable than Clarksville, with a 12.3% lower cost of living index. Clarksville scores 78 compared to 70 for Kokomo, where the US average is 100. This difference means residents of Clarksville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clarksville is $1,031/month compared to $917/month in Kokomo — a 12% difference. Home values follow the same pattern: Kokomo is more affordable at $126,500 median vs $172,700.

Median household income in Clarksville is $58,518 compared to $54,195 in Kokomo (+8%). The higher salaries in Clarksville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Clarksville spend roughly 21.1% of their income on rent, more than the 20.3% in Kokomo.