Kokomo, IN vs Seymour, IN

Kokomo, IN and Seymour, IN have a very similar cost of living, with only a 4.9% difference in their overall index. Kokomo scores 70 while Seymour scores 73 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 $954/month in Seymour — a 4% difference. Home values follow the same pattern: Kokomo is more affordable at $126,500 median vs $153,300.

Median household income in Kokomo is $54,195 compared to $63,388 in Seymour (-14.5%). While Seymour 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 18.1% in Seymour.