Delphi, IN vs Elwood, IN

Delphi, IN and Elwood, IN have a very similar cost of living, with only a 0.1% difference in their overall index. Delphi scores 66 while Elwood 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 Delphi is $803/month compared to $838/month in Elwood — a 4% difference. Interestingly, home values tell a different story: while Delphi has cheaper rent, Elwood actually has lower median home values ($92,800 vs $120,400).

Median household income in Delphi is $43,548 compared to $54,084 in Elwood (-19.5%). Elwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Delphi spend roughly 22.1% of their income on rent, more than the 18.6% in Elwood.