Montezuma, IN vs Pine Village, IN

Montezuma, IN and Pine Village, IN have a very similar cost of living, with only a 0.7% difference in their overall index. Montezuma scores 66 while Pine Village scores 66 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 Montezuma is $925/month compared to $807/month in Pine Village — a 15% difference. Interestingly, home values tell a different story: while Pine Village has cheaper rent, Montezuma actually has lower median home values ($65,300 vs $110,800).

Median household income in Montezuma is $43,750 compared to $41,739 in Pine Village (+4.8%). While Montezuma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montezuma spend roughly 25.4% of their income on rent, more than the 23.2% in Pine Village.