Notre Dame, IN vs Shelbyville, IN
There is a significant gap in the cost of living between these two cities. Shelbyville is 27.4% cheaper than Notre Dame. With a cost index of 75 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shelbyville to Notre Dame should plan for substantially higher expenses across most categories.
Renters will find that Notre Dame has a median rent of $1,268/month while Shelbyville comes in at $970/month, a 31% difference.
Median household income in Notre Dame is $19,082 compared to $58,532 in Shelbyville (-67.4%). Shelbyville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Notre Dame spend roughly 79.7% of their income on rent, more than the 19.9% in Shelbyville. The Shelbyville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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