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Edinburgh, IN vs Oolitic, IN

70
Edinburgh
Indiana
VS
+7%
65
Oolitic
Indiana

Oolitic is moderately more affordable than Edinburgh, with a 7% lower cost of living index. Edinburgh scores 70 compared to 65 for Oolitic, where the US average is 100. This difference means residents of Edinburgh can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edinburgh is $807/month compared to $681/month in Oolitic — a 19% difference. Home values follow the same pattern: Oolitic is more affordable at $141,700 median vs $145,400.

Median household income in Edinburgh is $56,406 compared to $61,696 in Oolitic (-8.6%). Oolitic offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edinburgh spend roughly 17.2% of their income on rent, more than the 13.2% in Oolitic.

Income & Cost

Cost of Living Index
Edinburgh
70
Oolitic
65
7% cheaper
Median Household Income
Edinburgh
$56,406
Oolitic
$61,696
9% higher

Housing

Median Rent
Edinburgh
$807
Oolitic
$681
16% cheaper
Median Home Value
Edinburgh
$145,400
Oolitic
$141,700
3% cheaper
Population
Edinburgh
4,191
Oolitic
1,461

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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