Caldwell, OH vs New Carlisle, OH

Caldwell is moderately more affordable than New Carlisle, with a 8% lower cost of living index. Caldwell scores 60 compared to 65 for New Carlisle, where the US average is 100. This difference means residents of New Carlisle can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Caldwell is $608/month compared to $820/month in New Carlisle — a 26% difference. Interestingly, home values tell a different story: while Caldwell has cheaper rent, New Carlisle actually has lower median home values ($111,900 vs $114,000).

Median household income in Caldwell is $49,032 compared to $61,483 in New Carlisle (-20.3%). While New Carlisle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caldwell spend roughly 14.9% of their income on rent, less than the 16% in New Carlisle.

Climate-wise, both cities share similar average temperatures (52.9°F vs 53.9°F). New Carlisle receives more rainfall at 41.3" per year compared to 38.6" in Caldwell.