St. Mary of the Woods, IN vs Winamac, IN
St. Mary of the Woods is moderately more affordable than Winamac, with a 6.9% lower cost of living index. St. Mary of the Woods scores 59 compared to 63 for Winamac, where the US average is 100. This difference means residents of Winamac can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in St. Mary of the Woods is $467/month compared to $708/month in Winamac — a 34% difference. Interestingly, home values tell a different story: while St. Mary of the Woods has cheaper rent, Winamac actually has lower median home values ($112,000 vs $168,800).
Median household income in St. Mary of the Woods is $19,141 compared to $43,571 in Winamac (-56.1%). While Winamac is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of St. Mary of the Woods spend roughly 29.3% of their income on rent, more than the 19.5% in Winamac.
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