Huntingburg, IN vs New Chicago, IN
Huntingburg is moderately more affordable than New Chicago, with a 13.6% lower cost of living index. Huntingburg scores 68 compared to 79 for New Chicago, where the US average is 100. This difference means residents of New Chicago can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Huntingburg is $825/month compared to $1,090/month in New Chicago — a 24% difference. Interestingly, home values tell a different story: while Huntingburg has cheaper rent, New Chicago actually has lower median home values ($118,900 vs $126,500).
Median household income in Huntingburg is $52,327 compared to $54,700 in New Chicago (-4.3%). New Chicago does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Huntingburg spend roughly 18.9% of their income on rent, less than the 23.9% in New Chicago.
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