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Owensburg, IN vs Pennville, IN

98
Owensburg
Indiana
VS
+64.9%
59
Pennville
Indiana

The cost of living difference between Owensburg, IN and Pennville, IN is dramatic. Pennville is 64.9% cheaper than Owensburg, a gap that translates to thousands of dollars per year in household expenses. Owensburg has a cost index of 98 while Pennville sits at 59, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Median household income in Owensburg is $39,940 compared to $36,607 in Pennville (+9.1%). Owensburg does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Owensburg
98
Pennville
59
39% cheaper
Median Household Income
Owensburg
$39,940
8% higher
Pennville
$36,607

Housing

Median Rent
Owensburg
Pennville
$675
Median Home Value
Owensburg
Pennville
$75,000
Population
Owensburg
231
Pennville
666

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Owensburg $2.91
Pennville
US $3.07
🥚
Eggs (grade A, large)
Owensburg $2.37
Pennville
US $2.50
🥛
Milk (whole)
Owensburg $3.82
Pennville
US $4.03
🍞
Bread (white)
Owensburg $1.75
Pennville
US $1.85
🍗
Chicken breast
Owensburg $3.93
Pennville
US $4.14
Electricity
Owensburg $0.16
Pennville
US $0.19