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Greensburg, IN vs Valparaiso, IN

73
Greensburg
Indiana
VS
-20%
91
Valparaiso
Indiana

There is a significant gap in the cost of living between these two cities. Greensburg is 20% cheaper than Valparaiso. With a cost index of 73 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Greensburg to Valparaiso should plan for substantially higher expenses across most categories.

On the housing front, median rent in Greensburg is $820/month compared to $1,142/month in Valparaiso — a 28% difference. Home values follow the same pattern: Greensburg is more affordable at $181,000 median vs $250,500.

Median household income in Greensburg is $63,235 compared to $67,664 in Valparaiso (-6.5%). Valparaiso does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Greensburg spend roughly 15.6% of their income on rent, less than the 20.3% in Valparaiso.

Income & Cost

Cost of Living Index
Greensburg
73
20% cheaper
Valparaiso
91
Median Household Income
Greensburg
$63,235
Valparaiso
$67,664
7% higher

Housing

Median Rent
Greensburg
$820
28% cheaper
Valparaiso
$1,142
Median Home Value
Greensburg
$181,000
28% cheaper
Valparaiso
$250,500
Population
Greensburg
11,585
Valparaiso
34,377

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Greensburg $2.91
Valparaiso $3.20
US $3.07
🥚
Eggs (grade A, large)
Greensburg $2.37
Valparaiso $2.61
US $2.50
🥛
Milk (whole)
Greensburg $3.82
Valparaiso $4.20
US $4.03
🍞
Bread (white)
Greensburg $1.75
Valparaiso $1.93
US $1.85
🍗
Chicken breast
Greensburg $3.93
Valparaiso $4.32
US $4.14
Electricity
Greensburg $0.16
Valparaiso $0.15
US $0.19