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Lyons, IN vs Wakarusa, IN

64
Lyons
Indiana
VS
-25.6%
86
Wakarusa
Indiana

There is a significant gap in the cost of living between these two cities. Lyons is 25.6% cheaper than Wakarusa. With a cost index of 64 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lyons to Wakarusa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lyons is $824/month compared to $1,214/month in Wakarusa — a 32% difference. Home values follow the same pattern: Lyons is more affordable at $76,300 median vs $202,400.

Median household income in Lyons is $57,917 compared to $76,008 in Wakarusa (-23.8%). The higher salaries in Wakarusa partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lyons spend roughly 17.1% of their income on rent, less than the 19.2% in Wakarusa.

Income & Cost

Cost of Living Index
Lyons
64
26% cheaper
Wakarusa
86
Median Household Income
Lyons
$57,917
Wakarusa
$76,008
24% higher

Housing

Median Rent
Lyons
$824
32% cheaper
Wakarusa
$1,214
Median Home Value
Lyons
$76,300
62% cheaper
Wakarusa
$202,400
Population
Lyons
862
Wakarusa
2,519

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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