Edwardsport, IN vs Elizabeth, IN

Edwardsport is moderately more affordable than Elizabeth, with a 14.7% lower cost of living index. Edwardsport scores 66 compared to 77 for Elizabeth, where the US average is 100. This difference means residents of Elizabeth can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edwardsport is $950/month compared to $1,125/month in Elizabeth — a 16% difference. Home values follow the same pattern: Edwardsport is more affordable at $53,900 median vs $127,500.

Median household income in Edwardsport is $51,250 compared to $84,750 in Elizabeth (-39.5%). While Elizabeth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edwardsport spend roughly 22.2% of their income on rent, more than the 15.9% in Elizabeth.