Much like its surrounding areas, it's substantially less expensive compared to the US as a whole. Compared to the city of Evansville however, it is a bit less expensive.
Home prices
The cost of the median home in Paoli is $82,700. It is roughly $1,960 (2%) higher in comparison to the surrounding areas.In comparison to the rest of the country it is about $134,800 (61%) lower, and compared to the city of Evansville it is about $11,500 (12%) lower.
Rents
In Paoli the median monthly rent is $703. It is roughly $88 (14%) higher compared to its nearby areas.It is about $359 (33%) lower in comparison to the nation as a whole, and it is about $71 (9%) lower in comparison to the city of Evansville.
Nearby places
West Baden Springs
West Baden Springs is approximately 6 miles west of Paoli. Its real estate prices are a bit more expensive. The median home price in West Baden Springs is $99,400, which is $16,700 (16%) higher than Paoli. The rent there is a lot less expensive. The median rent in West Baden Springs is $496 a month, which works out to $207 (41%) lower than Paoli.
French Lick
French Lick is approximately 7 miles west from Paoli. Real estate prices there are a bit less expensive. The median home value in French Lick is $75,000, which works out to $7,700 (10%) lower than Paoli. Rents there are fairly similar. The median rent in French Lick is $674 per month, which comes out to $29 (4%) lower than Paoli.
Orleans
Orleans is about 7 miles north from Paoli. Housing prices there are a bit more expensive. The median home value in Orleans is $91,000, which works out to $8,300 (9%) higher than Paoli. The rent there is a bit less expensive. Orleans's median rent is $608 a month, which comes out to $95 (15%) lower than Paoli.
Saltillo
Saltillo is about 11 miles northeast from Paoli. Its real estate prices are significantly less expensive. The price of the median home in Saltillo is $58,300, which works out to $24,400 (41%) lower than Paoli. Its rents are a lot less expensive. The median monthly rent in Saltillo is $495, which comes out to $208 (42%) lower than Paoli.
Hardinsburg
Hardinsburg is about 11 miles southeast from Paoli. Its housing prices are fairly similar. The median home in Hardinsburg costs $80,000, which works out to $2,700 (3%) lower than Paoli. Its rents are somewhat more expensive. The median monthly rent in Hardinsburg is $800, which comes out to $97 (12%) higher than Paoli.
