Carthage, IN vs New Point, IN

Carthage is moderately more affordable than New Point, with a 13.3% lower cost of living index. Carthage scores 68 compared to 78 for New Point, where the US average is 100. This difference means residents of New Point can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carthage is $906/month compared to $1,153/month in New Point — a 21% difference. Home values follow the same pattern: Carthage is more affordable at $88,900 median vs $125,000.

Median household income in Carthage is $42,500 compared to $60,179 in New Point (-29.4%). While New Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carthage spend roughly 25.6% of their income on rent, more than the 23% in New Point.