Henryville, IN vs Pendleton, IN

There is a significant gap in the cost of living between these two cities. Henryville is 19.3% cheaper than Pendleton. With a cost index of 71 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Henryville to Pendleton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Henryville is $738/month compared to $1,154/month in Pendleton — a 36% difference. Home values follow the same pattern: Henryville is more affordable at $190,200 median vs $236,200.

Median household income in Henryville is $77,440 compared to $87,971 in Pendleton (-12%). The higher salaries in Pendleton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Henryville spend roughly 11.4% of their income on rent, less than the 15.7% in Pendleton.