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Lapel, IN vs Spiceland, IN

87
Lapel
Indiana
VS
+33.7%
65
Spiceland
Indiana

The cost of living difference between Lapel, IN and Spiceland, IN is dramatic. Spiceland is 33.7% cheaper than Lapel, a gap that translates to thousands of dollars per year in household expenses. Lapel has a cost index of 87 while Spiceland sits at 65, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lapel is $1,229/month compared to $778/month in Spiceland — a 58% difference. Home values follow the same pattern: Spiceland is more affordable at $107,700 median vs $201,900.

Median household income in Lapel is $77,563 compared to $63,676 in Spiceland (+21.8%). The higher salaries in Lapel 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, more than the 14.7% in Spiceland.

Income & Cost

Cost of Living Index
Lapel
87
Spiceland
65
25% cheaper
Median Household Income
Lapel
$77,563
18% higher
Spiceland
$63,676

Housing

Median Rent
Lapel
$1,229
Spiceland
$778
37% cheaper
Median Home Value
Lapel
$201,900
Spiceland
$107,700
47% cheaper
Population
Lapel
2,568
Spiceland
896

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lapel $2.91
Spiceland
US $3.07
🥚
Eggs (grade A, large)
Lapel $2.37
Spiceland
US $2.50
🥛
Milk (whole)
Lapel $3.82
Spiceland
US $4.03
🍞
Bread (white)
Lapel $1.75
Spiceland
US $1.85
🍗
Chicken breast
Lapel $3.93
Spiceland
US $4.14
Electricity
Lapel $0.16
Spiceland
US $0.19