Edwardsport, IN vs Shirley, IN
There is a significant gap in the cost of living between these two cities. Shirley is 15.1% cheaper than Edwardsport. With a cost index of 57 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shirley to Edwardsport should plan for substantially higher expenses across most categories.
On the housing front, median rent in Edwardsport is $950/month compared to $513/month in Shirley — a 85% difference. Interestingly, home values tell a different story: while Shirley has cheaper rent, Edwardsport actually has lower median home values ($53,900 vs $103,700).
Median household income in Edwardsport is $51,250 compared to $66,429 in Shirley (-22.8%). Shirley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edwardsport spend roughly 22.2% of their income on rent, more than the 9.3% in Shirley.
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