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Huntingburg, IN vs Spencer, IN

68
Huntingburg
Indiana
VS
-3.9%
71
Spencer
Indiana

Huntingburg, IN and Spencer, IN have a very similar cost of living, with only a 3.9% difference in their overall index. Huntingburg scores 68 while Spencer scores 71 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 Huntingburg is $825/month compared to $860/month in Spencer — a 4% difference. Home values follow the same pattern: Huntingburg is more affordable at $126,500 median vs $146,300.

Median household income in Huntingburg is $52,327 compared to $47,994 in Spencer (+9%). Huntingburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Huntingburg spend roughly 18.9% of their income on rent, less than the 21.5% in Spencer.

Income & Cost

Cost of Living Index
Huntingburg
68
4% cheaper
Spencer
71
Median Household Income
Huntingburg
$52,327
8% higher
Spencer
$47,994

Housing

Median Rent
Huntingburg
$825
4% cheaper
Spencer
$860
Median Home Value
Huntingburg
$126,500
14% cheaper
Spencer
$146,300
Population
Huntingburg
6,504
Spencer
2,308

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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