Country Squire Lakes, IN vs Elwood, IN

Elwood is moderately more affordable than Country Squire Lakes, with a 9.5% lower cost of living index. Country Squire Lakes scores 72 compared to 66 for Elwood, where the US average is 100. This difference means residents of Country Squire Lakes can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Country Squire Lakes is $1,236/month compared to $838/month in Elwood — a 48% difference. Interestingly, home values tell a different story: while Elwood has cheaper rent, Country Squire Lakes actually has lower median home values ($28,600 vs $92,800).

Median household income in Country Squire Lakes is $56,806 compared to $54,084 in Elwood (+5%). The higher salaries in Country Squire Lakes partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Country Squire Lakes spend roughly 26.1% of their income on rent, more than the 18.6% in Elwood.