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Cost of Living in Newberry, IN

Population: 118 | Indiana

79
Cost of Living Index
US Average = 100

Newberry is 21% less expensive than the national average.

100
Housing
27
Home Values
93
Regional Price

Cost of Living in Newberry, IN: What You Need to Know

With a cost of living index of 79, Newberry, IN is a very affordable place to live. Living here is 21% cheaper than the national average and in line with the Indiana state average. Newberry is a small community of 118 residents.

The median household income in Newberry is $50,313, which is 33% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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
$50,313
vs US Median ($75,149)
-33%

Housing

Median Home Value
$83,600
Median Monthly Housing Cost
$525/mo
→ Best Places to Live in Indiana (2026)

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