New Palestine, IN vs South Haven, IN
South Haven is moderately more affordable than New Palestine, with a 7.7% lower cost of living index. New Palestine scores 96 compared to 89 for South Haven, where the US average is 100. This difference means residents of New Palestine can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in New Palestine is $1,200/month compared to $1,308/month in South Haven — a 8% difference. Interestingly, home values tell a different story: while New Palestine has cheaper rent, South Haven actually has lower median home values ($163,500 vs $320,300).
Median household income in New Palestine is $93,170 compared to $78,530 in South Haven (+18.6%). While New Palestine 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 Palestine spend roughly 15.5% of their income on rent, less than the 20% in South Haven.
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