Koontz Lake, IN vs St. Joe, IN

Koontz Lake, IN and St. Joe, IN have a very similar cost of living, with only a 4% difference in their overall index. Koontz Lake scores 63 while St. Joe scores 61 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 Koontz Lake is $687/month compared to $700/month in St. Joe — a 2% difference. Interestingly, home values tell a different story: while Koontz Lake has cheaper rent, St. Joe actually has lower median home values ($85,400 vs $124,500).

Median household income in Koontz Lake is $78,081 compared to $61,875 in St. Joe (+26.2%). While Koontz Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Koontz Lake spend roughly 10.6% of their income on rent, less than the 13.6% in St. Joe.