Zip 46774 (New Haven, IN) Cost of Living


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How much do I need to live in New Haven, Indiana?
$3,030 / month
for a family, 43.9% less expensive than the national average A total of $36,360 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

New Haven cost of living score
82
Less expensive
18.0% lower
than the US average
2.0% lower
than the Indiana average
New Haven (zip 46774), Indiana gets a BestPlaces Cost of Living score of 82, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.0% lower than the U.S. average and 2.0% higher than the average for Indiana.

Zip 46774 (New Haven, IN)

Housing costs in New Haven?
A typical home costs $189,400, which is 44.0% less expensive than the national average of $338,100 and 14.5% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in New Haven costs $1,000 per month, which is 2.0% more than the national average of $980 and 9.0% more than the state average of $910.

Can I afford New Haven?
To live comfortably in New Haven (zip 46774), Indiana, a minimum annual income of $36,360 for a family, and $32,800 for a single person is recommended.

What does A.I. say about New Haven?
The cost of living in 46774 New Haven, IN is quite reasonable. The median household income is $50,619 a year, which is well above the national average. Rent for an average two-bedroom apartment is around $755 a month. Groceries in this area are relatively inexpensive as well, with milk costing an average of $1.41 per gallon and eggs coming in at about $1.66 per dozen. In terms of transportation costs, gasoline prices are generally close to the national average while public transit fares remain low. Overall, 46774 New Haven provides an affordable standard of living without sacrificing much in the way of services or amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew HavenIndianaUnited States
    Unlock83.7100.0
  91.8  Unlock100.0
    Unlock94.4100.0
  57.8  Unlock100.0
    Unlock$221,600$338,100
  89.3  Unlock100.0
    Unlock85.4100.0
  95.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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