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Granger, IN vs Greenwood, IN

99
Granger
Indiana
VS
+7.8%
91
Greenwood
Indiana

Greenwood is moderately more affordable than Granger, with a 7.8% lower cost of living index. Granger scores 99 compared to 91 for Greenwood, where the US average is 100. This difference means residents of Granger can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Granger is $1,381/month compared to $1,252/month in Greenwood — a 10% difference. Home values follow the same pattern: Greenwood is more affordable at $248,700 median vs $302,500.

Median household income in Granger is $117,348 compared to $78,765 in Greenwood (+49%). While Granger is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Granger spend roughly 14.1% of their income on rent, less than the 19.1% in Greenwood.

Income & Cost

Cost of Living Index
Granger
99
Greenwood
91
7% cheaper
Median Household Income
Granger
$117,348
33% higher
Greenwood
$78,765

Housing

Median Rent
Granger
$1,381
Greenwood
$1,252
9% cheaper
Median Home Value
Granger
$302,500
Greenwood
$248,700
18% cheaper
Population
Granger
30,279
Greenwood
64,237

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Granger $2.90
Greenwood $2.91
US $3.07
🥚
Eggs (grade A, large)
Granger $2.37
Greenwood $2.37
US $2.50
🥛
Milk (whole)
Granger $3.81
Greenwood $3.82
US $4.03
🍞
Bread (white)
Granger $1.75
Greenwood $1.75
US $1.85
🍗
Chicken breast
Granger $3.92
Greenwood $3.93
US $4.14
Electricity
Granger $0.16
Greenwood $0.16
US $0.19