Frankfort, IN vs Westville, IN
Frankfort, IN and Westville, IN have a very similar cost of living, with only a 3.2% difference in their overall index. Frankfort scores 69 while Westville scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Frankfort is $888/month compared to $878/month in Westville — a 1% difference. Interestingly, home values tell a different story: while Westville has cheaper rent, Frankfort actually has lower median home values ($122,800 vs $152,000).
Median household income in Frankfort is $53,522 compared to $59,732 in Westville (-10.4%). While Westville 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, more than the 17.6% in Westville.
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