Owensville, IN vs St. Joe, IN

Owensville, IN and St. Joe, IN have a very similar cost of living, with only a 3% difference in their overall index. Owensville scores 63 while St. Joe scores 61 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 Owensville is $681/month compared to $700/month in St. Joe — a 3% difference. Interestingly, home values tell a different story: while Owensville has cheaper rent, St. Joe actually has lower median home values ($85,400 vs $114,800).

Median household income in Owensville is $57,438 compared to $61,875 in St. Joe (-7.2%). St. Joe offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Owensville spend roughly 14.2% of their income on rent, more than the 13.6% in St. Joe.