Lyons, IN vs Winamac, IN

Lyons, IN and Winamac, IN have a very similar cost of living, with only a 0.9% difference in their overall index. Lyons scores 64 while Winamac scores 63 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 Lyons is $824/month compared to $708/month in Winamac — a 16% difference. Interestingly, home values tell a different story: while Winamac has cheaper rent, Lyons actually has lower median home values ($76,300 vs $112,000).

Median household income in Lyons is $57,917 compared to $43,571 in Winamac (+32.9%). While Lyons is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lyons spend roughly 17.1% of their income on rent, less than the 19.5% in Winamac.