New Amsterdam, IN is an excellent place to live for those looking for affordability and convenience. The 2 Bedroom Rent in this small city is $890 which is around 40% less than the US average of $1,430. Not only that, but the Grocery Cost Index here is 94 which is 6% lower than the national index of 100. Those looking to live in New Amsterdam can also benefit from the many local companies in town such as Zane's Bakery, Silver Star Cafe and Floramunde Pharmacy. These establishments all offer quality goods and services with a friendly hometown atmosphere. New Amsterdam is a thriving city with plenty of amenities to enjoy and its affordability makes it an even more attractive place to reside.
New Amsterdam has an unemployment rate of 3.8%. The US average is 6.0%.
New Amsterdam has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for New Amsterdam
- The Sales Tax Rate for New Amsterdam is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Amsterdam is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Amsterdam
- The average income of a New Amsterdam resident is $35,538 a year. The US average is $28,555 a year.
- The Median household income of a New Amsterdam resident is $95,924 a year. The US average is $69,021 a year.