Palmyra, IN vs Union City, IN

Union City is moderately more affordable than Palmyra, with a 11.6% lower cost of living index. Palmyra scores 66 compared to 59 for Union City, where the US average is 100. This difference means residents of Palmyra can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Palmyra is $717/month compared to $662/month in Union City — a 8% difference. Home values follow the same pattern: Union City is more affordable at $80,100 median vs $143,500.

Median household income in Palmyra is $49,821 compared to $37,202 in Union City (+33.9%). While Palmyra is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Palmyra spend roughly 17.3% of their income on rent, less than the 21.4% in Union City.