Southport, IN vs Tipton, IN

Tipton is moderately more affordable than Southport, with a 14% lower cost of living index. Southport scores 81 compared to 71 for Tipton, where the US average is 100. This difference means residents of Southport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Southport is $1,081/month compared to $853/month in Tipton — a 27% difference. Home values follow the same pattern: Tipton is more affordable at $148,800 median vs $186,500.

Median household income in Southport is $69,148 compared to $64,709 in Tipton (+6.9%). Southport does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Southport spend roughly 18.8% of their income on rent, more than the 15.8% in Tipton.