Greentown, IN vs Lakeville, IN

Greentown, IN and Lakeville, IN have a very similar cost of living, with only a 1.7% difference in their overall index. Greentown scores 64 while Lakeville 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 Greentown is $770/month compared to $769/month in Lakeville — a 0% difference. Interestingly, home values tell a different story: while Lakeville has cheaper rent, Greentown actually has lower median home values ($116,500 vs $122,300).

Median household income in Greentown is $57,917 compared to $55,179 in Lakeville (+5%). Greentown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Greentown spend roughly 16% of their income on rent, less than the 16.7% in Lakeville.