Colfax, IN vs Gentryville, IN

Gentryville is moderately more affordable than Colfax, with a 11% lower cost of living index. Colfax scores 70 compared to 63 for Gentryville, where the US average is 100. This difference means residents of Colfax can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colfax is $908/month compared to $744/month in Gentryville — a 22% difference. Home values follow the same pattern: Gentryville is more affordable at $110,400 median vs $114,300.

Median household income in Colfax is $61,964 compared to $46,774 in Gentryville (+32.5%). While Colfax is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colfax spend roughly 17.6% of their income on rent, less than the 19.1% in Gentryville.