Crawfordsville, IN vs Richmond, IN

Crawfordsville, IN and Richmond, IN have a very similar cost of living, with only a 4.8% difference in their overall index. Crawfordsville scores 69 while Richmond 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 Crawfordsville is $831/month compared to $815/month in Richmond — a 2% difference. Home values follow the same pattern: Richmond is more affordable at $107,600 median vs $134,100.

Median household income in Crawfordsville is $49,327 compared to $46,395 in Richmond (+6.3%). While Crawfordsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Crawfordsville spend roughly 20.2% of their income on rent, less than the 21.1% in Richmond.