Greenwood, IN vs Highland, IN

Greenwood, IN and Highland, IN have a very similar cost of living, with only a 1.3% difference in their overall index. Greenwood scores 91 while Highland scores 90 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 Greenwood is $1,252/month compared to $1,202/month in Highland — a 4% difference. Home values follow the same pattern: Highland is more affordable at $219,500 median vs $248,700.

Median household income in Greenwood is $78,765 compared to $76,219 in Highland (+3.3%). While Greenwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenwood spend roughly 19.1% of their income on rent, more than the 18.9% in Highland.