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Cumberland, IN vs Jasper, IN

83
Cumberland
Indiana
VS
+15.6%
72
Jasper
Indiana

There is a significant gap in the cost of living between these two cities. Jasper is 15.6% cheaper than Cumberland. With a cost index of 72 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jasper to Cumberland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cumberland is $990/month compared to $741/month in Jasper — a 34% difference. Home values follow the same pattern: Jasper is more affordable at $203,300 median vs $241,200.

Median household income in Cumberland is $84,167 compared to $65,283 in Jasper (+28.9%). While Cumberland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cumberland spend roughly 14.1% of their income on rent, more than the 13.6% in Jasper.

Income & Cost

Cost of Living Index
Cumberland
83
Jasper
72
13% cheaper
Median Household Income
Cumberland
$84,167
22% higher
Jasper
$65,283

Housing

Median Rent
Cumberland
$990
Jasper
$741
25% cheaper
Median Home Value
Cumberland
$241,200
Jasper
$203,300
16% cheaper
Population
Cumberland
6,154
Jasper
16,421

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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