Cell-free massive multiple-input multiple-output systems are expected to provide faster and more robust connections to user equipments by cooperation of a massive number of distributed access points (APs), and to be one of the key technologies for beyond 5G. Recently, a measurement-based evaluation revealed that the performance of a semi-distributed deployment, where each AP has multiple antennas, is comparable to that of a fully-distributed deployment in terms of coverage in an indoor environment while reducing the number of APs. In this paper, we analyze the performance of various antenna distribution configurations, and show that semi-distributed deployments outperform fully-distributed deployment remarkably from both spectral and energy efficiency points of view. These characteristics of semi-distributed deployments enable us to construct more cost-effective networks, which is an important indicator to deploy the systems in real environment.