Portage, IN vs Speedway, IN

Portage, IN and Speedway, IN have a very similar cost of living, with only a 4% difference in their overall index. Portage scores 88 while Speedway scores 84 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 Portage is $1,138/month compared to $1,120/month in Speedway — a 2% difference. Home values follow the same pattern: Speedway is more affordable at $209,400 median vs $210,800.

Median household income in Portage is $72,833 compared to $57,158 in Speedway (+27.4%). While Portage is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Portage spend roughly 18.7% of their income on rent, less than the 23.5% in Speedway.