Cloverdale, IN vs Medaryville, IN

Cloverdale, IN and Medaryville, IN have a very similar cost of living, with only a 4% difference in their overall index. Cloverdale scores 64 while Medaryville 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 Cloverdale is $699/month compared to $800/month in Medaryville — a 13% difference. Interestingly, home values tell a different story: while Cloverdale has cheaper rent, Medaryville actually has lower median home values ($73,700 vs $117,300).

Median household income in Cloverdale is $47,016 compared to $82,632 in Medaryville (-43.1%). While Medaryville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cloverdale spend roughly 17.8% of their income on rent, more than the 11.6% in Medaryville.