Housing costs in New Bloomington?
A typical home costs
$167,400, which is 50.5% less expensive than the national average of
$338,100 and 15.0% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in New Bloomington costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 10.1% cheaper than the state average of
$980.
Can I afford New Bloomington?
To live comfortably in New Bloomington (zip 43341), Ohio, a minimum annual income of
$32,040 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about New Bloomington?
The cost of living in 43341 New Bloomington, OH is fairly low compared to other regions in the state. The median home value for the area is $117,400, which is much lower than Ohio's median home value of $146,800. Additionally, groceries tend to be cheaper in this area than the rest of Ohio and the national average. Transportation costs are also lower here due to its close proximity to a major metropolitan airport. On top of these savings, residents will enjoy no income tax on any unearned income. Overall, New Bloomington offers an affordable cost of living that many people can appreciate.