Fairmount, IN vs Lyons, IN

Fairmount, IN and Lyons, IN have a very similar cost of living, with only a 3.6% difference in their overall index. Fairmount scores 66 while Lyons scores 64 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 Fairmount is $827/month compared to $824/month in Lyons — a 0% difference. Home values follow the same pattern: Lyons is more affordable at $76,300 median vs $96,700.

Median household income in Fairmount is $45,163 compared to $57,917 in Lyons (-22%). Lyons 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 17.1% in Lyons.