Hamilton, IN vs Reynolds, IN
Reynolds is moderately more affordable than Hamilton, with a 10.4% lower cost of living index. Hamilton scores 83 compared to 75 for Reynolds, where the US average is 100. This difference means residents of Hamilton can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Hamilton is $929/month compared to $1,104/month in Reynolds — a 16% difference. Interestingly, home values tell a different story: while Hamilton has cheaper rent, Reynolds actually has lower median home values ($105,900 vs $265,600).
Median household income in Hamilton is $66,884 compared to $55,625 in Reynolds (+20.2%). While Hamilton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hamilton spend roughly 16.7% of their income on rent, less than the 23.8% in Reynolds.
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