What is a pro or con of living in New Albany, Indianacompared to Muncie, Indiana?

Median Home Cost is 58% more expensive in New Albany.

What salary do I need to live in New Albany, Indiana copmared to Muncie, Indiana?

A salary of $50,000 in Muncie, Indiana should increase to $58,951 in New Albany, Indiana (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

MUNCIE vs. NEW ALBANY
Cost of Living Comparison

Muncie, Indiana vs. New Albany, Indiana

Cost of Living Comparison

The cost of living in New Albany, Indiana is 17.9% more expensive than Muncie, Indiana.

You would need a salary of $58,951 in New Albany, Indiana to maintain the standard of living you have in Muncie, Indiana.

Comparison highlights

• Overall, New Albany, Indiana is more expensive than Muncie, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
58% more expensive in New Albany
than in Muncie, Indiana

Muncie, IN vs. New Albany, IN

Compared to Muncie, New Albany is:

Homeowner

No Child Care, Taxes not Considered

17.9% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

4.4% higher

Housing (Homeowner)

62.2% higher

Housing (Rent)

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Median Home Cost

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Utilities

5.3% higher

Commute

20.3% higher

Health

5.5% lower

Taxes

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Childcare

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Personal

2.8% higher

Cost of Food

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Muncie, Indiana vs. New Albany, Indiana

Cost of Living Comparison

Comparison highlights

Muncie, IN vs. New Albany, IN

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