Markleville, IN vs New Chicago, IN

Markleville, IN and New Chicago, IN have a very similar cost of living, with only a 1.5% difference in their overall index. Markleville scores 78 while New Chicago scores 79 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 Markleville is $1,060/month compared to $1,090/month in New Chicago — a 3% difference. Interestingly, home values tell a different story: while Markleville has cheaper rent, New Chicago actually has lower median home values ($118,900 vs $149,400).

Median household income in Markleville is $85,625 compared to $54,700 in New Chicago (+56.5%). Markleville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Markleville spend roughly 14.9% of their income on rent, less than the 23.9% in New Chicago.