Housing costs in New Salisbury?
A typical home costs
$217,800, which is 35.6% less expensive than the national average of
$338,100 and 1.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Salisbury costs
$1,300 per month, which is 9.1% cheaper than the national average of
$1,430 and 24.6% more than the state average of
$980.
Can I afford New Salisbury?
To live comfortably in New Salisbury, Indiana, a minimum annual income of
$41,760 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about New Salisbury?
New Salisbury, IN is an affordable place to live. The cost of living in New Salisbury is significantly lower than the national average, making it great for those looking to maintain a budget. Housing costs are relatively low compared to other cities, with the median home value sitting at around $117,000. Food costs are also quite affordable; basic groceries can be purchased at a very reasonable price. Utilities are slightly higher than average due to the rural nature of the town, but overall costs are still lower than many surrounding cities and towns. Overall, New Salisbury is an excellent choice for those looking for a high quality of life without breaking their budget.