Housing costs in New Washington?
A typical home costs
$183,100, which is 45.8% less expensive than the national average of
$338,100 and 17.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Washington costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% more than the state average of
$980.
Can I afford New Washington?
To live comfortably in New Washington, Indiana, a minimum annual income of
$34,920 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about New Washington?
New Washington, IN has a relatively low cost of living compared to the national average. Rent and housing prices in the area are quite affordable and utilities tend to be lower than other areas as well. The median household income is above the national average which can help offset some of the costs of living in the area. Food and transportation costs also tend to be lower than the national average, making New Washington an attractive option for individuals or families looking for a more budget-friendly place to live.