Frankfort, IN vs Highland, IN

The cost of living difference between Frankfort, IN and Highland, IN is dramatic. Frankfort is 31.4% cheaper than Highland, a gap that translates to thousands of dollars per year in household expenses. Frankfort has a cost index of 69 while Highland sits at 101, 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.

On the housing front, median rent in Frankfort is $888/month compared to $1,694/month in Highland — a 48% difference. Home values follow the same pattern: Frankfort is more affordable at $122,800 median vs $216,800.

Median household income in Frankfort is $53,522 compared to $95,696 in Highland (-44.1%). While Highland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frankfort spend roughly 19.9% of their income on rent, less than the 21.2% in Highland.