Fairmount, IN vs Goodland, IN

Goodland is moderately more affordable than Fairmount, with a 14.3% lower cost of living index. Fairmount scores 66 compared to 58 for Goodland, where the US average is 100. This difference means residents of Fairmount can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairmount is $827/month compared to $475/month in Goodland — a 74% difference. Home values follow the same pattern: Goodland is more affordable at $92,200 median vs $96,700.

Median household income in Fairmount is $45,163 compared to $56,438 in Goodland (-20%). Goodland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairmount spend roughly 22% of their income on rent, more than the 10.1% in Goodland.