Kokomo, IN vs Springfield, MA
Cost of Living Comparison
Kokomo, IN is more affordable by 6.4 index points
Side-by-Side Comparison
| Category | Kokomo, IN | Springfield, MA | Difference |
|---|---|---|---|
| Overall | 89.6 | 96.1 | -6.4 |
| Housing | 59.3 | 75.8 | -16.5 |
| Goods | 94.3 | 97.0 | -2.7 |
| Utilities | 86.3 | 155.0 | -68.7 |
| Other Services | 99.1 | 101.2 | -2.1 |
Income & Housing Comparison
| Metric | Kokomo, IN | Springfield, MA |
|---|---|---|
| Median Household Income | $62,014 | $70,547 |
| Median Home Value | $143,100 | $278,900 |
| Median Monthly Rent | $855 | $1,095 |
| Per Capita Income | $33,391 | $38,068 |
Frequently Asked Questions
Is Kokomo, IN or Springfield, MA cheaper to live in?
Kokomo, IN is more affordable. The cost of living difference is 6.4 index points (Kokomo, IN: 89.6, Springfield, MA: 96.1).
Where is housing cheaper, Kokomo, IN or Springfield, MA?
Housing is more affordable in Kokomo, IN. Housing index: Kokomo, IN (59.3) vs Springfield, MA (75.8).