Cost of Living in New Carlisle, OH

With a cost of living index of 65, New Carlisle, OH is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 13% below the Ohio state average of 78. New Carlisle is a smaller community of 5,552 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in New Carlisle's cost of living. The median monthly rent is $820 (38% below the US median of $1,319), and the median home value sits at $111,900 (63% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.

The median household income in New Carlisle is $61,483, which is 18% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to New Carlisle. The area sees an average annual temperature of 53.9°F, with summers averaging 74°F and winters around 32°F. Annual rainfall totals 41.3 inches spread over roughly 134 days.

Everyday prices in the Springfield, OH (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.