Charlestown, IN vs Highland, IN

There is a significant gap in the cost of living between these two cities. Charlestown is 16.2% cheaper than Highland. With a cost index of 76 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Charlestown to Highland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charlestown is $903/month compared to $1,202/month in Highland — a 25% difference. Home values follow the same pattern: Charlestown is more affordable at $191,200 median vs $219,500.

Median household income in Charlestown is $77,548 compared to $76,219 in Highland (+1.7%). 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 18.9% in Highland.