Hagerstown, IN vs Perrysville, IN

Hagerstown, IN and Perrysville, IN have a very similar cost of living, with only a 1.9% difference in their overall index. Hagerstown scores 64 while Perrysville scores 63 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 Hagerstown is $732/month compared to $805/month in Perrysville — a 9% difference. Interestingly, home values tell a different story: while Hagerstown has cheaper rent, Perrysville actually has lower median home values ($95,000 vs $115,600).

Median household income in Hagerstown is $59,350 compared to $77,500 in Perrysville (-23.4%). Perrysville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hagerstown spend roughly 14.8% of their income on rent, more than the 12.5% in Perrysville.