Lyons, IN vs Wakarusa, IN
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.
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