Housing costs in Newburgh?
A typical home costs
$280,700, which is 17.0% less expensive than the national average of
$338,100 and 26.7% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Newburgh costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 13.3% more than the state average of
$980.
Can I afford Newburgh?
To live comfortably in Newburgh, Indiana, a minimum annual income of
$53,640 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Newburgh?
Newburgh, IN is a great place to live for those looking for an affordable cost of living. The cost of living in this small town is lower than the national average, making it a great option for those looking to save some money while enjoying all the amenities that come with living in a small town. The median home price is low compared to other cities and towns nearby, making Newburgh an attractive option for those looking to stay within budget. Additionally, there are no sales tax or high property taxes which helps keep expenses low for local residents. Grocery prices are also very competitive compared to the national average. All of these factors make Newburgh a great choice for those looking to save money while still enjoying all the perks of living in a small town.