Gilmer Park, IN vs Lagrange, IN

There is a significant gap in the cost of living between these two cities. Lagrange is 21.3% cheaper than Gilmer Park. With a cost index of 66 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lagrange to Gilmer Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gilmer Park is $1,162/month compared to $752/month in Lagrange — a 55% difference. Home values follow the same pattern: Lagrange is more affordable at $124,000 median vs $142,600.

Median household income in Gilmer Park is $61,184 compared to $51,786 in Lagrange (+18.1%). The higher salaries in Gilmer Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Gilmer Park spend roughly 22.8% of their income on rent, more than the 17.4% in Lagrange.