Montgomery, IN vs Ossian, IN

Montgomery, IN and Ossian, IN have a very similar cost of living, with only a 3.5% difference in their overall index. Montgomery scores 76 while Ossian scores 74 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 Montgomery is $827/month compared to $896/month in Ossian — a 8% difference. Interestingly, home values tell a different story: while Montgomery has cheaper rent, Ossian actually has lower median home values ($184,000 vs $226,000).

Median household income in Montgomery is $93,750 compared to $67,641 in Ossian (+38.6%). While Montgomery is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montgomery spend roughly 10.6% of their income on rent, less than the 15.9% in Ossian.