Homer, IN vs New Middletown, IN

There is a significant gap in the cost of living between these two cities. New Middletown is 17.2% cheaper than Homer. With a cost index of 68 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Middletown to Homer should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Homer are $85,800 compared to $116,700 in New Middletown, a 27% gap.

Median household income in Homer is $142,632 compared to $76,250 in New Middletown (+87.1%). While Homer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.