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French Lick, IN vs St. Meinrad, IN

62
French Lick
Indiana
VS
-6.9%
67
St. Meinrad
Indiana

French Lick is moderately more affordable than St. Meinrad, with a 6.9% lower cost of living index. French Lick scores 62 compared to 67 for St. Meinrad, where the US average is 100. This difference means residents of St. Meinrad can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in French Lick is $770/month compared to $588/month in St. Meinrad — a 31% difference. Interestingly, home values tell a different story: while St. Meinrad has cheaper rent, French Lick actually has lower median home values ($79,600 vs $203,800).

Median household income in French Lick is $54,412 compared to $52,054 in St. Meinrad (+4.5%). French Lick offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of French Lick spend roughly 17% of their income on rent, more than the 13.6% in St. Meinrad.

Income & Cost

Cost of Living Index
French Lick
62
7% cheaper
St. Meinrad
67
Median Household Income
French Lick
$54,412
4% higher
St. Meinrad
$52,054

Housing

Median Rent
French Lick
$770
St. Meinrad
$588
24% cheaper
Median Home Value
French Lick
$79,600
61% cheaper
St. Meinrad
$203,800
Population
French Lick
1,790
St. Meinrad
604

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