Jeffersonville, IN vs New Castle, IN

There is a significant gap in the cost of living between these two cities. New Castle is 28.2% cheaper than Jeffersonville. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Castle to Jeffersonville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Jeffersonville is $1,090/month compared to $797/month in New Castle — a 37% difference. Home values follow the same pattern: New Castle is more affordable at $95,100 median vs $208,500.

Median household income in Jeffersonville is $70,157 compared to $48,977 in New Castle (+43.2%). While Jeffersonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jeffersonville spend roughly 18.6% of their income on rent, less than the 19.5% in New Castle.