Housing costs in New Salisbury?
A typical home costs
$228,800, which is 32.3% less expensive than the national average of
$338,100 and 3.2% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Salisbury costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 26.9% more than the state average of
$980.
Can I afford New Salisbury?
To live comfortably in New Salisbury (zip 47161), Indiana, a minimum annual income of
$43,920 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about New Salisbury?
Living in 47161 New Salisbury, IN is relatively affordable. The median home value is $111,100, which is significantly lower than the national median of $185,400. Rent prices are also quite reasonable compared to other cities; the average rental costs for a two-bedroom apartment in the area is approximately $600 per month. Prices for food and other basic necessities are also generally lower than the national average. Overall, 47161 New Salisbury, IN provides an excellent quality of living at an affordable cost.