Housing costs in New Ross?
A typical home costs
$195,100, which is 42.3% less expensive than the national average of
$338,100 and 12.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Ross costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% cheaper than the state average of
$980.
Can I afford New Ross?
To live comfortably in New Ross (zip 47968), Indiana, a minimum annual income of
$37,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about New Ross?
The cost of living in 47968 New Ross, IN is relatively low compared to the rest of the state and nation. The median household income is just over $50,000 per year, while the cost of housing is around $80,000 on average. Food prices are also fairly low considering the area's proximity to larger cities like Indianapolis and Chicago. There are many options for affordable grocery stores and restaurants in town as well. Additionally, utility costs are relatively low with electricity averaging around $90 per month. All in all, 47968 New Ross makes a great place to live for those looking for an affordable yet still high quality lifestyle.