Ross, IN vs Shelbyville, IN
Ross, IN and Shelbyville, IN have a very similar cost of living, with only a 0% difference in their overall index. Ross scores 75 while Shelbyville scores 75 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 Ross is $1,085/month compared to $970/month in Shelbyville — a 12% difference. Interestingly, home values tell a different story: while Shelbyville has cheaper rent, Ross actually has lower median home values ($114,600 vs $151,100).
Median household income in Ross is $53,824 compared to $58,532 in Shelbyville (-8%). While Shelbyville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ross spend roughly 24.2% of their income on rent, more than the 19.9% in Shelbyville.
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