Fairmount, IN vs West Lebanon, IN

West Lebanon is moderately more affordable than Fairmount, with a 12.7% lower cost of living index. Fairmount scores 66 compared to 59 for West Lebanon, 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 $578/month in West Lebanon — a 43% difference. Interestingly, home values tell a different story: while West Lebanon has cheaper rent, Fairmount actually has lower median home values ($96,700 vs $111,500).

Median household income in Fairmount is $45,163 compared to $68,594 in West Lebanon (-34.2%). West Lebanon 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 West Lebanon.