Ellettsville, IN vs Shadeland, IN
Ellettsville is moderately more affordable than Shadeland, with a 14.3% lower cost of living index. Ellettsville scores 74 compared to 86 for Shadeland, where the US average is 100. This difference means residents of Shadeland can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Ellettsville is $746/month compared to $1,073/month in Shadeland — a 31% difference. Home values follow the same pattern: Ellettsville is more affordable at $224,400 median vs $261,300.
Median household income in Ellettsville is $82,238 compared to $88,125 in Shadeland (-6.7%). Shadeland does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Ellettsville spend roughly 10.9% of their income on rent, less than the 14.6% in Shadeland.
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