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Cumberland, IN vs Veedersburg, IN

83
Cumberland
Indiana
VS
+28.3%
65
Veedersburg
Indiana

There is a significant gap in the cost of living between these two cities. Veedersburg is 28.3% cheaper than Cumberland. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Veedersburg to Cumberland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cumberland is $990/month compared to $784/month in Veedersburg — a 26% difference. Home values follow the same pattern: Veedersburg is more affordable at $100,600 median vs $241,200.

Median household income in Cumberland is $84,167 compared to $59,125 in Veedersburg (+42.4%). 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, less than the 15.9% in Veedersburg.

Income & Cost

Cost of Living Index
Cumberland
83
Veedersburg
65
22% cheaper
Median Household Income
Cumberland
$84,167
30% higher
Veedersburg
$59,125

Housing

Median Rent
Cumberland
$990
Veedersburg
$784
21% cheaper
Median Home Value
Cumberland
$241,200
Veedersburg
$100,600
58% cheaper
Population
Cumberland
6,154
Veedersburg
2,066

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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