Indianapolis, IN vs Kokomo, IN
Cost of Living Comparison
Kokomo, IN is more affordable by 6.0 index points
Side-by-Side Comparison
| Category | Indianapolis, IN | Kokomo, IN | Difference |
|---|---|---|---|
| Overall | 95.7 | 89.6 | +6.0 |
| Housing | 88.9 | 59.3 | +29.7 |
| Goods | 94.3 | 94.3 | 0.0 |
| Utilities | 86.4 | 86.3 | +0.1 |
| Other Services | 99.1 | 99.1 | 0.0 |
Income & Housing Comparison
| Metric | Indianapolis, IN | Kokomo, IN |
|---|---|---|
| Median Household Income | $73,571 | $62,014 |
| Median Home Value | $223,300 | $143,100 |
| Median Monthly Rent | $1,081 | $855 |
| Per Capita Income | $40,445 | $33,391 |
Frequently Asked Questions
Is Indianapolis, IN or Kokomo, IN cheaper to live in?
Kokomo, IN is more affordable. The cost of living difference is 6.0 index points (Indianapolis, IN: 95.7, Kokomo, IN: 89.6).
Where is housing cheaper, Indianapolis, IN or Kokomo, IN?
Housing is more affordable in Kokomo, IN. Housing index: Indianapolis, IN (88.9) vs Kokomo, IN (59.3).