Housing costs in New Boston?
A typical home costs
$49,100, which is 85.5% less expensive than the national average of
$338,100 and 75.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in New Boston costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 34.2% cheaper than the state average of
$980.
Can I afford New Boston?
To live comfortably in New Boston, Ohio, a minimum annual income of
$9,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about New Boston?
New Boston, OH has a very reasonable cost of living. The city is known for its low housing costs and low taxes. According to the Ohio Department of Taxation, the state income tax rate in New Boston is only 2.9%, which is one of the lowest in the region. In addition, the city's median home value is about $127,000, making it one of the more affordable places to live in Ohio. Furthermore, residents also benefit from a lower than average sales tax rate at 6.75%. With these factors in mind, New Boston makes for an affordable place to live and raise a family without breaking the bank.