Koontz Lake, IN vs Newburgh, IN

There is a significant gap in the cost of living between these two cities. Koontz Lake is 16.9% cheaper than Newburgh. With a cost index of 63 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Koontz Lake to Newburgh should plan for substantially higher expenses across most categories.

On the housing front, median rent in Koontz Lake is $687/month compared to $885/month in Newburgh — a 22% difference. Home values follow the same pattern: Koontz Lake is more affordable at $124,500 median vs $216,300.

Median household income in Koontz Lake is $78,081 compared to $72,431 in Newburgh (+7.8%). Koontz Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Koontz Lake spend roughly 10.6% of their income on rent, less than the 14.7% in Newburgh.