Fairmount, IN vs South Haven, IN

There is a significant gap in the cost of living between these two cities. Fairmount is 25.6% cheaper than South Haven. With a cost index of 66 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairmount to South Haven should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fairmount is $827/month compared to $1,308/month in South Haven — a 37% difference. Home values follow the same pattern: Fairmount is more affordable at $96,700 median vs $163,500.

Median household income in Fairmount is $45,163 compared to $78,530 in South Haven (-42.5%). While South Haven is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairmount spend roughly 22% of their income on rent, more than the 20% in South Haven.