Peru, IN vs Sullivan, IN
Peru, IN and Sullivan, IN have a very similar cost of living, with only a 2.1% difference in their overall index. Peru scores 63 while Sullivan scores 64 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 Peru is $769/month compared to $836/month in Sullivan — a 8% difference. Home values follow the same pattern: Peru is more affordable at $84,000 median vs $97,000.
Median household income in Peru is $46,180 compared to $44,313 in Sullivan (+4.2%). Peru offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Peru spend roughly 20% of their income on rent, less than the 22.6% in Sullivan.
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