Housing costs in New Miami?
A typical home costs
$108,100, which is 68.0% less expensive than the national average of
$338,100 and 45.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in New Miami costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 7.5% more than the state average of
$980.
Can I afford New Miami?
To live comfortably in New Miami, Ohio, a minimum annual income of
$20,880 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about New Miami?
The cost of living in New Miami, OH is quite reasonable. The overall cost of goods and services in the city is 8% lower than the national average. This means that for most basic necessities, such as groceries or utilities, residents can expect to pay less than they would elsewhere. In addition, housing prices are relatively low when compared to other cities in the surrounding area. Prices for new homes start as low as $150,000 and rent prices for an average apartment hover around $800 a month. Overall, New Miami is an affordable place to live and offers its residents plenty of value for their money.