Housing costs in New Amsterdam?
A typical home costs
$117,200, which is 65.3% less expensive than the national average of
$338,100 and 47.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Amsterdam costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 10.1% cheaper than the state average of
$980.
Can I afford New Amsterdam?
To live comfortably in New Amsterdam, Indiana, a minimum annual income of
$22,320 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about New Amsterdam?
The cost of living in New Amsterdam, IN is relatively affordable. The median home price is below the national average and the cost of goods and services is also lower than many other cities. Utility costs for electricity, gas, water, and sewage are all low compared to other places. Additionally, taxes are relatively low due to the city's proximity to the Indiana border. All of these factors combine to create a great value for those interested in living in this area.