French Lick, IN vs St. Meinrad, IN
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.
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