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Koontz Lake, IN vs Ossian, IN

63
Koontz Lake
Indiana
VS
-14.1%
74
Ossian
Indiana

Koontz Lake is moderately more affordable than Ossian, with a 14.1% lower cost of living index. Koontz Lake scores 63 compared to 74 for Ossian, where the US average is 100. This difference means residents of Ossian can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Koontz Lake is $687/month compared to $896/month in Ossian — a 23% difference. Home values follow the same pattern: Koontz Lake is more affordable at $124,500 median vs $184,000.

Median household income in Koontz Lake is $78,081 compared to $67,641 in Ossian (+15.4%). Koontz Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Koontz Lake spend roughly 10.6% of their income on rent, less than the 15.9% in Ossian.

Income & Cost

Cost of Living Index
Koontz Lake
63
14% cheaper
Ossian
74
Median Household Income
Koontz Lake
$78,081
13% higher
Ossian
$67,641

Housing

Median Rent
Koontz Lake
$687
23% cheaper
Ossian
$896
Median Home Value
Koontz Lake
$124,500
32% cheaper
Ossian
$184,000
Population
Koontz Lake
1,217
Ossian
3,342

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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