Charlestown, IN vs Lagrange, IN

There is a significant gap in the cost of living between these two cities. Lagrange is 15.4% cheaper than Charlestown. With a cost index of 66 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lagrange to Charlestown should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charlestown is $903/month compared to $752/month in Lagrange — a 20% difference. Home values follow the same pattern: Lagrange is more affordable at $124,000 median vs $191,200.

Median household income in Charlestown is $77,548 compared to $51,786 in Lagrange (+49.7%). While Charlestown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Charlestown spend roughly 14% of their income on rent, less than the 17.4% in Lagrange.