Knightstown, IN vs Royal Center, IN
Knightstown, IN and Royal Center, IN have a very similar cost of living, with only a 4.2% difference in their overall index. Knightstown scores 67 while Royal Center scores 64 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 Knightstown is $805/month compared to $817/month in Royal Center — a 2% difference. Interestingly, home values tell a different story: while Knightstown has cheaper rent, Royal Center actually has lower median home values ($84,100 vs $121,500).
Median household income in Knightstown is $44,655 compared to $47,422 in Royal Center (-5.8%). Royal Center offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Knightstown spend roughly 21.6% of their income on rent, more than the 20.7% in Royal Center.
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