Lakeville, IN vs Losantville, IN

Lakeville, IN and Losantville, IN have a very similar cost of living, with only a 3.2% difference in their overall index. Lakeville scores 65 while Losantville scores 68 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 Lakeville is $769/month compared to $983/month in Losantville — a 22% difference. Interestingly, home values tell a different story: while Lakeville has cheaper rent, Losantville actually has lower median home values ($81,300 vs $122,300).

Median household income in Lakeville is $55,179 compared to $57,188 in Losantville (-3.5%). While Losantville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lakeville spend roughly 16.7% of their income on rent, less than the 20.6% in Losantville.