Elizabethtown, IN vs Selma, IN

Elizabethtown, IN and Selma, IN have a very similar cost of living, with only a 4.5% difference in their overall index. Elizabethtown scores 64 while Selma scores 67 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.

On the housing front, median rent in Elizabethtown is $747/month compared to $913/month in Selma — a 18% difference. Interestingly, home values tell a different story: while Elizabethtown has cheaper rent, Selma actually has lower median home values ($99,800 vs $117,500).

Median household income in Elizabethtown is $65,625 compared to $62,500 in Selma (+5%). Elizabethtown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elizabethtown spend roughly 13.7% of their income on rent, less than the 17.5% in Selma.