Greencastle, IN vs Melody Hill, IN

Greencastle is moderately more affordable than Melody Hill, with a 9.8% lower cost of living index. Greencastle scores 73 compared to 81 for Melody Hill, where the US average is 100. This difference means residents of Melody Hill can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greencastle is $904/month compared to $1,099/month in Melody Hill — a 18% difference. Home values follow the same pattern: Greencastle is more affordable at $154,000 median vs $192,000.

Median household income in Greencastle is $54,217 compared to $90,561 in Melody Hill (-40.1%). While Melody Hill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greencastle spend roughly 20% of their income on rent, more than the 14.6% in Melody Hill.