Hammond, IN vs Terre Haute, IN

There is a significant gap in the cost of living between these two cities. Terre Haute is 21.1% cheaper than Hammond. With a cost index of 66 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Terre Haute to Hammond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hammond is $1,089/month compared to $877/month in Terre Haute — a 24% difference. Home values follow the same pattern: Terre Haute is more affordable at $109,500 median vs $141,700.

Median household income in Hammond is $53,950 compared to $41,960 in Terre Haute (+28.6%). While Hammond 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, less than the 25.1% in Terre Haute.