New Market, IN vs Remington, IN

New Market, IN and Remington, IN have a very similar cost of living, with only a 4.5% difference in their overall index. New Market scores 74 while Remington scores 70 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 New Market is $964/month compared to $764/month in Remington — a 26% difference. Interestingly, home values tell a different story: while Remington has cheaper rent, New Market actually has lower median home values ($136,900 vs $138,700).

Median household income in New Market is $72,917 compared to $67,870 in Remington (+7.4%). While New Market is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Market spend roughly 15.9% of their income on rent, more than the 13.5% in Remington.