Garrett, IN vs Jasper, IN

Garrett, IN and Jasper, IN have a very similar cost of living, with only a 4.6% difference in their overall index. Garrett scores 68 while Jasper scores 72 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 Garrett is $836/month compared to $741/month in Jasper — a 13% difference. Interestingly, home values tell a different story: while Jasper has cheaper rent, Garrett actually has lower median home values ($142,800 vs $203,300).

Median household income in Garrett is $65,611 compared to $65,283 in Jasper (+0.5%). Garrett offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Garrett spend roughly 15.3% of their income on rent, more than the 13.6% in Jasper.