Housing costs in New Middletown?
A typical home costs
$160,700, which is 52.5% less expensive than the national average of
$338,100 and 27.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Middletown costs
$920 per month, which is 6.1% cheaper than the national average of
$980 and 13.0% cheaper than the state average of
$1,040.
Can I afford New Middletown?
To live comfortably in New Middletown (zip 47160), Indiana, a minimum annual income of
$30,960 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about New Middletown?
The cost of living in 47160 New Middletown, IN is relatively low compared to the national average. According to the data, groceries are 22% lower than the national average, health care is 14% lower, and utilities are 21% lower. Therefore, people in this area can enjoy a reasonable cost of living with great quality of life. The median home value is $155,000 which is also relatively low compared to other cities in the surrounding area. Additionally, there are plenty of local amenities such as parks and recreation centers that offer low-cost activities for residents. All in all, 47160 New Middletown, IN has an attractive cost of living that appeals to many potential residents.