Edgewood, IN vs New Whiteland, IN

Edgewood, IN and New Whiteland, IN have a very similar cost of living, with only a 1.6% difference in their overall index. Edgewood scores 87 while New Whiteland scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Edgewood is $1,296/month compared to $1,221/month in New Whiteland — a 6% difference. Interestingly, home values tell a different story: while New Whiteland has cheaper rent, Edgewood actually has lower median home values ($173,800 vs $185,000).

Median household income in Edgewood is $85,842 compared to $89,196 in New Whiteland (-3.8%). New Whiteland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgewood spend roughly 18.1% of their income on rent, more than the 16.4% in New Whiteland.