Edgewood, IN vs Lake Eliza, IN

Edgewood, IN and Lake Eliza, IN have a very similar cost of living, with only a 0.3% difference in their overall index. Edgewood scores 87 while Lake Eliza scores 86 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.

When it comes to buying, median home values in Edgewood are $173,800 compared to $168,000 in Lake Eliza, a 4% gap.

Median household income in Edgewood is $85,842 compared to $85,286 in Lake Eliza (+0.7%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.