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Ferdinand, IN vs Selma, IN

73
Ferdinand
Indiana
VS
+8.9%
67
Selma
Indiana

Selma is moderately more affordable than Ferdinand, with a 8.9% lower cost of living index. Ferdinand scores 73 compared to 67 for Selma, where the US average is 100. This difference means residents of Ferdinand can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ferdinand is $861/month compared to $913/month in Selma — a 6% difference. Interestingly, home values tell a different story: while Ferdinand has cheaper rent, Selma actually has lower median home values ($99,800 vs $172,700).

Median household income in Ferdinand is $74,943 compared to $62,500 in Selma (+19.9%). While Ferdinand is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ferdinand spend roughly 13.8% of their income on rent, less than the 17.5% in Selma.

Income & Cost

Cost of Living Index
Ferdinand
73
Selma
67
8% cheaper
Median Household Income
Ferdinand
$74,943
17% higher
Selma
$62,500

Housing

Median Rent
Ferdinand
$861
6% cheaper
Selma
$913
Median Home Value
Ferdinand
$172,700
Selma
$99,800
42% cheaper
Population
Ferdinand
2,346
Selma
833

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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