Cost of Living in New Washington, IN
Population: 432 | Indiana
New Washington is 12% less expensive than the national average.
Cost of Living in New Washington, IN: What You Need to Know
With a cost of living index of 88, New Washington, IN is a very affordable place to live. Living here is 12% cheaper than the national average and 10% above the Indiana state average of 78. New Washington is a small community of 432 residents.
The median household income in New Washington is $84,141, which is 12% higher than the national median of $75,149.
Everyday prices in the Louisville/Jefferson County, KY-IN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $84,141
- vs US Median ($75,149)
- +12%
Housing
- Median Home Value
- $193,000
- Median Monthly Housing Cost
- $1,078/mo
Everyday Prices in New Washington
BLS Average Prices for the Louisville/Jefferson County, KY-IN (Metropolitan Statistical Area) area