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DeMotte, IN vs Redkey, IN

83
DeMotte
Indiana
VS
+29.2%
64
Redkey
Indiana

There is a significant gap in the cost of living between these two cities. Redkey is 29.2% cheaper than DeMotte. With a cost index of 64 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Redkey to DeMotte should plan for substantially higher expenses across most categories.

On the housing front, median rent in DeMotte is $1,104/month compared to $829/month in Redkey — a 33% difference. Home values follow the same pattern: Redkey is more affordable at $78,300 median vs $205,200.

Median household income in DeMotte is $67,244 compared to $40,667 in Redkey (+65.4%). While DeMotte is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of DeMotte spend roughly 19.7% of their income on rent, less than the 24.5% in Redkey.

Income & Cost

Cost of Living Index
DeMotte
83
Redkey
64
23% cheaper
Median Household Income
DeMotte
$67,244
40% higher
Redkey
$40,667

Housing

Median Rent
DeMotte
$1,104
Redkey
$829
25% cheaper
Median Home Value
DeMotte
$205,200
Redkey
$78,300
62% cheaper
Population
DeMotte
4,219
Redkey
1,451

Salary Equivalency Calculator

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