Carlisle, IN vs New Lebanon, IN

There is a significant gap in the cost of living between these two cities. Carlisle is 28.6% cheaper than New Lebanon. With a cost index of 60 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carlisle to New Lebanon should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Carlisle are $59,500 compared to $140,800 in New Lebanon, a 58% gap.

Median household income in Carlisle is $52,143 compared to $109,076 in New Lebanon (-52.2%). While New Lebanon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.