Hammond, IN vs Jeffersonville, IN

Hammond, IN and Jeffersonville, IN have a very similar cost of living, with only a 2.7% difference in their overall index. Hammond scores 81 while Jeffersonville scores 83 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 Hammond is $1,089/month compared to $1,090/month in Jeffersonville — a 0% difference. Home values follow the same pattern: Hammond is more affordable at $141,700 median vs $208,500.

Median household income in Hammond is $53,950 compared to $70,157 in Jeffersonville (-23.1%). While Jeffersonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hammond spend roughly 24.2% of their income on rent, more than the 18.6% in Jeffersonville.