Mellott, IN vs Ridgeville, IN

Mellott, IN and Ridgeville, IN have a very similar cost of living, with only a 2.6% difference in their overall index. Mellott scores 60 while Ridgeville scores 58 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 Mellott is $480/month compared to $720/month in Ridgeville — a 33% difference. Interestingly, home values tell a different story: while Mellott has cheaper rent, Ridgeville actually has lower median home values ($45,400 vs $152,800).

Median household income in Mellott is $84,792 compared to $39,868 in Ridgeville (+112.7%). While Mellott is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mellott spend roughly 6.8% of their income on rent, less than the 21.7% in Ridgeville.