Gilmer Park, IN vs Lewisville, IN

There is a significant gap in the cost of living between these two cities. Lewisville is 18.1% cheaper than Gilmer Park. With a cost index of 67 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lewisville 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 $871/month in Lewisville — a 33% difference. Home values follow the same pattern: Lewisville is more affordable at $101,600 median vs $142,600.

Median household income in Gilmer Park is $61,184 compared to $52,143 in Lewisville (+17.3%). 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 20% in Lewisville.