Ellettsville, IN vs Vincennes, IN
Vincennes is moderately more affordable than Ellettsville, with a 13.9% lower cost of living index. Ellettsville scores 74 compared to 65 for Vincennes, where the US average is 100. This difference means residents of Ellettsville 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 $792/month in Vincennes — a 6% difference. Interestingly, home values tell a different story: while Ellettsville has cheaper rent, Vincennes actually has lower median home values ($98,700 vs $224,400).
Median household income in Ellettsville is $82,238 compared to $50,238 in Vincennes (+63.7%). 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 18.9% in Vincennes.
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