Odon, IN vs Simonton Lake, IN

There is a significant gap in the cost of living between these two cities. Odon is 28.4% cheaper than Simonton Lake. With a cost index of 61 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odon to Simonton Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Odon is $552/month compared to $1,101/month in Simonton Lake — a 50% difference. Home values follow the same pattern: Odon is more affordable at $137,400 median vs $230,600.

Median household income in Odon is $44,632 compared to $74,233 in Simonton Lake (-39.9%). While Simonton Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Odon spend roughly 14.8% of their income on rent, less than the 17.8% in Simonton Lake.