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Charlestown, IN vs Greenfield, IN

76
Charlestown
Indiana
VS
-10.1%
84
Greenfield
Indiana

Charlestown is moderately more affordable than Greenfield, with a 10.1% lower cost of living index. Charlestown scores 76 compared to 84 for Greenfield, where the US average is 100. This difference means residents of Greenfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Charlestown is $903/month compared to $1,128/month in Greenfield — a 20% difference. Home values follow the same pattern: Charlestown is more affordable at $191,200 median vs $205,800.

Median household income in Charlestown is $77,548 compared to $74,949 in Greenfield (+3.5%). Charlestown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Charlestown spend roughly 14% of their income on rent, less than the 18.1% in Greenfield.

Income & Cost

Cost of Living Index
Charlestown
76
10% cheaper
Greenfield
84
Median Household Income
Charlestown
$77,548
3% higher
Greenfield
$74,949

Housing

Median Rent
Charlestown
$903
20% cheaper
Greenfield
$1,128
Median Home Value
Charlestown
$191,200
7% cheaper
Greenfield
$205,800
Population
Charlestown
8,118
Greenfield
24,308

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Charlestown $2.89
Greenfield $2.91
US $3.07
🥚
Eggs (grade A, large)
Charlestown $2.36
Greenfield $2.37
US $2.50
🥛
Milk (whole)
Charlestown $3.80
Greenfield $3.82
US $4.03
🍞
Bread (white)
Charlestown $1.75
Greenfield $1.75
US $1.85
🍗
Chicken breast
Charlestown $3.91
Greenfield $3.93
US $4.14
Electricity
Charlestown $0.15
Greenfield $0.16
US $0.19