Housing costs in New Market?
A typical home costs
$152,300, which is 55.0% less expensive than the national average of
$338,100 and 31.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Market costs
$840 per month, which is 14.3% cheaper than the national average of
$980 and close to the state average of
$850.
Can I afford New Market?
To live comfortably in New Market (zip 47965), Indiana, a minimum annual income of
$29,160 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about New Market?
The cost of living in 47965 New Market, IN is very reasonable. The median home value is around $121,000 and the median rent is just over $800. This makes housing costs quite affordable for many people. Other costs such as groceries, transportation, health care and utilities are also relatively low compared to other areas in the nation. In addition, there are plenty of job opportunities available in the area, which helps to make it a great place to live.