Oaktown, IN vs Rockport, IN

Oaktown, IN and Rockport, IN have a very similar cost of living, with only a 4% difference in their overall index. Oaktown scores 58 while Rockport scores 60 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 Oaktown is $705/month compared to $628/month in Rockport — a 12% difference. Interestingly, home values tell a different story: while Rockport has cheaper rent, Oaktown actually has lower median home values ($67,700 vs $105,000).

Median household income in Oaktown is $30,417 compared to $43,333 in Rockport (-29.8%). While Rockport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oaktown spend roughly 27.8% of their income on rent, more than the 17.4% in Rockport.