Kokomo, IN vs La Porte, IN
Kokomo, IN and La Porte, IN have a very similar cost of living, with only a 2% difference in their overall index. Kokomo scores 70 while La Porte 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 Kokomo is $917/month compared to $889/month in La Porte — a 3% difference. Interestingly, home values tell a different story: while La Porte has cheaper rent, Kokomo actually has lower median home values ($126,500 vs $143,800).
Median household income in Kokomo is $54,195 compared to $59,862 in La Porte (-9.5%). While La Porte is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kokomo spend roughly 20.3% of their income on rent, more than the 17.8% in La Porte.
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