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Colfax, IN vs Paxton, IN

70
Colfax
Indiana
VS
-12.3%
80
Paxton
Indiana

Colfax is moderately more affordable than Paxton, with a 12.3% lower cost of living index. Colfax scores 70 compared to 80 for Paxton, where the US average is 100. This difference means residents of Paxton can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Colfax are $114,300 compared to $87,900 in Paxton, a 30% gap.

Median household income in Colfax is $61,964 compared to $48,938 in Paxton (+26.6%). Colfax offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Colfax
70
12% cheaper
Paxton
80
Median Household Income
Colfax
$61,964
21% higher
Paxton
$48,938

Housing

Median Rent
Colfax
$908
Paxton
Median Home Value
Colfax
$114,300
Paxton
$87,900
23% cheaper
Population
Colfax
926
Paxton
320

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Colfax $2.91
Paxton
US $3.07
🥚
Eggs (grade A, large)
Colfax $2.37
Paxton
US $2.50
🥛
Milk (whole)
Colfax $3.82
Paxton
US $4.03
🍞
Bread (white)
Colfax $1.75
Paxton
US $1.85
🍗
Chicken breast
Colfax $3.93
Paxton
US $4.14
Electricity
Colfax $0.16
Paxton
US $0.19