Edgewood, IN vs Oaktown, IN

The cost of living difference between Edgewood, IN and Oaktown, IN is dramatic. Oaktown is 49.9% cheaper than Edgewood, a gap that translates to thousands of dollars per year in household expenses. Edgewood has a cost index of 87 while Oaktown sits at 58, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Edgewood is $1,296/month compared to $705/month in Oaktown — a 84% difference. Home values follow the same pattern: Oaktown is more affordable at $67,700 median vs $173,800.

Median household income in Edgewood is $85,842 compared to $30,417 in Oaktown (+182.2%). While Edgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewood spend roughly 18.1% of their income on rent, less than the 27.8% in Oaktown.