Gentryville, IN vs Spiceland, IN

Gentryville, IN and Spiceland, IN have a very similar cost of living, with only a 3% difference in their overall index. Gentryville scores 63 while Spiceland scores 65 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 Gentryville is $744/month compared to $778/month in Spiceland — a 4% difference. Interestingly, home values tell a different story: while Gentryville has cheaper rent, Spiceland actually has lower median home values ($107,700 vs $110,400).

Median household income in Gentryville is $46,774 compared to $63,676 in Spiceland (-26.5%). While Spiceland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gentryville spend roughly 19.1% of their income on rent, more than the 14.7% in Spiceland.