Housing costs in New Point?
A typical home costs
$156,600, which is 53.7% less expensive than the national average of
$338,100 and 29.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Point costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 3.9% more than the state average of
$980.
Can I afford New Point?
To live comfortably in New Point, Indiana, a minimum annual income of
$29,880 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about New Point?
The cost of living in New Point, IN is relatively low compared to other areas. Rent and mortgages are very affordable, and groceries are also relatively inexpensive. Additionally, utility costs tend to be lower than average due to the abundance of natural resources in the area. Overall, living in New Point is very affordable for a variety of reasons, making it an attractive option for those who want to save money while still enjoying a comfortable lifestyle.