Lagro, IN vs Shipshewana, IN

Lagro is moderately more affordable than Shipshewana, with a 12.2% lower cost of living index. Lagro scores 68 compared to 77 for Shipshewana, where the US average is 100. This difference means residents of Shipshewana can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lagro is $942/month compared to $779/month in Shipshewana — a 21% difference. Interestingly, home values tell a different story: while Shipshewana has cheaper rent, Lagro actually has lower median home values ($78,000 vs $255,000).

Median household income in Lagro is $60,000 compared to $57,679 in Shipshewana (+4%). Lagro offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lagro spend roughly 18.8% of their income on rent, more than the 16.2% in Shipshewana.