Fairmount, IN vs Notre Dame, IN

The cost of living difference between Fairmount, IN and Notre Dame, IN is dramatic. Fairmount is 30.7% cheaper than Notre Dame, a gap that translates to thousands of dollars per year in household expenses. Fairmount has a cost index of 66 while Notre Dame sits at 95, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Renters will find that Fairmount has a median rent of $827/month while Notre Dame comes in at $1,268/month, a 35% difference.

Median household income in Fairmount is $45,163 compared to $19,082 in Notre Dame (+136.7%). Fairmount 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, less than the 79.7% in Notre Dame. The Fairmount ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.