Hagerstown, IN vs North Terre Haute, IN
Hagerstown, IN and North Terre Haute, IN have a very similar cost of living, with only a 3.3% difference in their overall index. Hagerstown scores 64 while North Terre Haute scores 62 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 Hagerstown is $732/month compared to $666/month in North Terre Haute — a 10% difference. Interestingly, home values tell a different story: while North Terre Haute has cheaper rent, Hagerstown actually has lower median home values ($115,600 vs $136,300).
Median household income in Hagerstown is $59,350 compared to $54,246 in North Terre Haute (+9.4%). While Hagerstown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hagerstown spend roughly 14.8% of their income on rent, more than the 14.7% in North Terre Haute.
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