Modoc, IN vs Spring Grove, IN
Modoc, IN and Spring Grove, IN have a very similar cost of living, with only a 3.6% difference in their overall index. Modoc scores 59 while Spring Grove scores 57 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 Modoc is $698/month compared to $441/month in Spring Grove — a 58% difference. Interestingly, home values tell a different story: while Spring Grove has cheaper rent, Modoc actually has lower median home values ($63,300 vs $133,300).
Median household income in Modoc is $60,972 compared to $55,804 in Spring Grove (+9.3%). While Modoc is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Modoc spend roughly 13.7% of their income on rent, more than the 9.5% in Spring Grove.
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