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Highland, IN vs Speedway, IN

101
Highland
Indiana
VS
+19.5%
84
Speedway
Indiana

There is a significant gap in the cost of living between these two cities. Speedway is 19.5% cheaper than Highland. With a cost index of 84 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Speedway to Highland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Highland is $1,694/month compared to $1,120/month in Speedway — a 51% difference. Home values follow the same pattern: Speedway is more affordable at $209,400 median vs $216,800.

Median household income in Highland is $95,696 compared to $57,158 in Speedway (+67.4%). While Highland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Highland spend roughly 21.2% of their income on rent, less than the 23.5% in Speedway.

Income & Cost

Cost of Living Index
Highland
101
Speedway
84
16% cheaper
Median Household Income
Highland
$95,696
40% higher
Speedway
$57,158

Housing

Median Rent
Highland
$1,694
Speedway
$1,120
34% cheaper
Median Home Value
Highland
$216,800
Speedway
$209,400
3% cheaper
Population
Highland
5,188
Speedway
13,622

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Highland $2.91
Speedway $2.91
US $3.07
🥚
Eggs (grade A, large)
Highland $2.37
Speedway $2.37
US $2.50
🥛
Milk (whole)
Highland $3.82
Speedway $3.82
US $4.03
🍞
Bread (white)
Highland $1.75
Speedway $1.75
US $1.85
🍗
Chicken breast
Highland $3.93
Speedway $3.93
US $4.14
Electricity
Highland $0.16
Speedway $0.16
US $0.19