Housing costs in New Carlisle?
A typical home costs
$226,200, which is 33.1% less expensive than the national average of
$338,100 and 2.1% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Carlisle costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$980.
Can I afford New Carlisle?
To live comfortably in New Carlisle, Indiana, a minimum annual income of
$43,200 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about New Carlisle?
New Carlisle, IN is an affordable place to live. The cost of living in the area is relatively low compared to other cities in Indiana. The median household income for the city is $45,746, which is slightly lower than the state average. With a lower cost of living, residents are able to get more value out of their money. Groceries and other necessities are cheaper in New Carlisle than they are in other parts of the country or state. The housing market is also more affordable, with the median home price being just over $140,000. This makes it easier for people to own a home without breaking the bank.