Lapel, IN vs South Haven, IN

Lapel, IN and South Haven, IN have a very similar cost of living, with only a 2.2% difference in their overall index. Lapel scores 87 while South Haven scores 89 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 Lapel is $1,229/month compared to $1,308/month in South Haven — a 6% difference. Interestingly, home values tell a different story: while Lapel has cheaper rent, South Haven actually has lower median home values ($163,500 vs $201,900).

Median household income in Lapel is $77,563 compared to $78,530 in South Haven (-1.2%). The higher salaries in South Haven partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lapel spend roughly 19% of their income on rent, less than the 20% in South Haven.