Coatesville, IN vs New Paris, IN
New Paris is moderately more affordable than Coatesville, with a 8.9% lower cost of living index. Coatesville scores 86 compared to 79 for New Paris, where the US average is 100. This difference means residents of Coatesville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Coatesville is $1,292/month compared to $1,066/month in New Paris — a 21% difference. Interestingly, home values tell a different story: while New Paris has cheaper rent, Coatesville actually has lower median home values ($165,900 vs $173,100).
Median household income in Coatesville is $76,806 compared to $71,750 in New Paris (+7%). The higher salaries in Coatesville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Coatesville spend roughly 20.2% of their income on rent, more than the 17.8% in New Paris.
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