Cost of Living: Bloomington, IN vs Greenwood, IN

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Bloomington, IN versus $4,332/mo in Greenwood, IN. In the model, rent is about 16.9% of gross in Bloomington, IN versus 18.24% in Greenwood, IN, so Bloomington, IN tends to feel more affordable for rent.

Take-home in Bloomington, IN
$4,332/mo
Income level: above
Take-home in Greenwood, IN
$4,332/mo
Income level: below
Rent share (1BR) in Bloomington, IN
16.9%
COLI tier: mid-range
Rent share (1BR) in Greenwood, IN
18.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Bloomington, IN and Greenwood, IN.

At a glance

  • Cheaper overall (lower cost-of-living index): Greenwood, IN
  • Lower rent (median 1BR/2BR): Bloomington, IN
  • Lower home prices: Greenwood, IN
  • Higher median household income: Greenwood, IN

Cost of Living Index

Bloomington, IN: 100 (U.S. = 100) · Greenwood, IN: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Bloomington, IN: $1,102/mo (midpoint of 1BR/2BR) · Greenwood, IN: $1,190/mo

Median rent in Greenwood, IN is $88/mo higher than in Bloomington, IN.

Median Home Price

Bloomington, IN: $289,700 · Greenwood, IN: $248,700

Median home price in Bloomington, IN is $41,000 higher than in Greenwood, IN.

Median Household Income

Bloomington, IN: $48,918 · Greenwood, IN: $78,765

Greenwood, IN has a higher median household income than Bloomington, IN by $29,847.

Bloomington, IN overview · Greenwood, IN overview · Popular comparisons