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Galena, IN vs New Market, IN

95
Galena
Indiana
VS
+28.6%
74
New Market
Indiana

There is a significant gap in the cost of living between these two cities. New Market is 28.6% cheaper than Galena. With a cost index of 74 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Market to Galena should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Galena are $269,000 compared to $136,900 in New Market, a 97% gap.

Median household income in Galena is $112,411 compared to $72,917 in New Market (+54.2%). While Galena is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Galena
95
New Market
74
22% cheaper
Median Household Income
Galena
$112,411
35% higher
New Market
$72,917

Housing

Median Rent
Galena
New Market
$964
Median Home Value
Galena
$269,000
New Market
$136,900
49% cheaper
Population
Galena
1,618
New Market
544

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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