Matthews, IN vs Odon, IN

There is a significant gap in the cost of living between these two cities. Odon is 17.1% cheaper than Matthews. With a cost index of 61 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odon to Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in Matthews is $1,040/month compared to $552/month in Odon — a 88% difference. Interestingly, home values tell a different story: while Odon has cheaper rent, Matthews actually has lower median home values ($77,000 vs $137,400).

Median household income in Matthews is $45,833 compared to $44,632 in Odon (+2.7%). Matthews does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Matthews spend roughly 27.2% of their income on rent, more than the 14.8% in Odon.