Ellettsville, IN vs Ferdinand, IN

Ellettsville, IN and Ferdinand, IN have a very similar cost of living, with only a 1.1% difference in their overall index. Ellettsville scores 74 while Ferdinand scores 73 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 Ellettsville is $746/month compared to $861/month in Ferdinand — a 13% difference. Interestingly, home values tell a different story: while Ellettsville has cheaper rent, Ferdinand actually has lower median home values ($172,700 vs $224,400).

Median household income in Ellettsville is $82,238 compared to $74,943 in Ferdinand (+9.7%). While Ellettsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ellettsville spend roughly 10.9% of their income on rent, less than the 13.8% in Ferdinand.