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Kouts, IN vs Selma, IN

75
Kouts
Indiana
VS
+12.7%
67
Selma
Indiana

Selma is moderately more affordable than Kouts, with a 12.7% lower cost of living index. Kouts scores 75 compared to 67 for Selma, where the US average is 100. This difference means residents of Kouts can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Kouts is $699/month compared to $913/month in Selma — a 23% difference. Interestingly, home values tell a different story: while Kouts has cheaper rent, Selma actually has lower median home values ($99,800 vs $223,700).

Median household income in Kouts is $75,854 compared to $62,500 in Selma (+21.4%). While Kouts is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kouts spend roughly 11.1% of their income on rent, less than the 17.5% in Selma.

Income & Cost

Cost of Living Index
Kouts
75
Selma
67
11% cheaper
Median Household Income
Kouts
$75,854
18% higher
Selma
$62,500

Housing

Median Rent
Kouts
$699
23% cheaper
Selma
$913
Median Home Value
Kouts
$223,700
Selma
$99,800
55% cheaper
Population
Kouts
2,261
Selma
833

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Kouts $3.20
Selma $2.91
US $3.07
🥚
Eggs (grade A, large)
Kouts $2.61
Selma $2.37
US $2.50
🥛
Milk (whole)
Kouts $4.20
Selma $3.82
US $4.03
🍞
Bread (white)
Kouts $1.93
Selma $1.75
US $1.85
🍗
Chicken breast
Kouts $4.32
Selma $3.93
US $4.14
Electricity
Kouts $0.15
Selma $0.16
US $0.19