Cromwell, IN vs Edgewood, IN

There is a significant gap in the cost of living between these two cities. Cromwell is 22.5% cheaper than Edgewood. With a cost index of 67 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cromwell to Edgewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cromwell is $838/month compared to $1,296/month in Edgewood — a 35% difference. Home values follow the same pattern: Cromwell is more affordable at $111,800 median vs $173,800.

Median household income in Cromwell is $48,500 compared to $85,842 in Edgewood (-43.5%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cromwell spend roughly 20.7% of their income on rent, more than the 18.1% in Edgewood.