Jasonville, IN vs Selma, IN

Jasonville is moderately more affordable than Selma, with a 10.3% lower cost of living index. Jasonville scores 60 compared to 67 for Selma, where the US average is 100. This difference means residents of Selma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Jasonville is $781/month compared to $913/month in Selma — a 15% difference. Home values follow the same pattern: Jasonville is more affordable at $66,400 median vs $99,800.

Median household income in Jasonville is $36,607 compared to $62,500 in Selma (-41.4%). While Selma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jasonville spend roughly 25.6% of their income on rent, more than the 17.5% in Selma.