Housing costs in New Harmony?
A typical home costs
$187,000, which is 44.7% less expensive than the national average of
$338,100 and 15.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Harmony costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford New Harmony?
To live comfortably in New Harmony, Indiana, a minimum annual income of
$36,000 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about New Harmony?
The cost of living in New Harmony, IN is quite reasonable. The median household income for the area is around $45,000 and the median home value is approximately $85,000. Utilities are relatively inexpensive with average monthly costs of electricity, water, and sewer running about $150. Additionally, groceries and health care costs are well below the national averages. With all this in mind, it's easy to see why New Harmony offers a great quality of life at an affordable price.