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Farmersburg, IN vs Syracuse, IN

58
Farmersburg
Indiana
VS
-26.5%
78
Syracuse
Indiana

There is a significant gap in the cost of living between these two cities. Farmersburg is 26.5% cheaper than Syracuse. With a cost index of 58 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmersburg to Syracuse should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farmersburg is $682/month compared to $1,046/month in Syracuse — a 35% difference. Home values follow the same pattern: Farmersburg is more affordable at $73,200 median vs $173,800.

Median household income in Farmersburg is $51,667 compared to $63,894 in Syracuse (-19.1%). The higher salaries in Syracuse partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Farmersburg spend roughly 15.8% of their income on rent, less than the 19.6% in Syracuse.

Income & Cost

Cost of Living Index
Farmersburg
58
27% cheaper
Syracuse
78
Median Household Income
Farmersburg
$51,667
Syracuse
$63,894
19% higher

Housing

Median Rent
Farmersburg
$682
35% cheaper
Syracuse
$1,046
Median Home Value
Farmersburg
$73,200
58% cheaper
Syracuse
$173,800
Population
Farmersburg
1,083
Syracuse
3,232

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Farmersburg $2.91
Syracuse $2.91
US $3.07
🥚
Eggs (grade A, large)
Farmersburg $2.37
Syracuse $2.37
US $2.50
🥛
Milk (whole)
Farmersburg $3.82
Syracuse $3.82
US $4.03
🍞
Bread (white)
Farmersburg $1.75
Syracuse $1.75
US $1.85
🍗
Chicken breast
Farmersburg $3.93
Syracuse $3.93
US $4.14
Electricity
Farmersburg $0.16
Syracuse $0.16
US $0.19