Cost of Living in New palestine, IN
Housing
The housing market plays a significant role in determining the cost of living in New palestine, IN.
- Housing Index: 95.7 / 100
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1325 per month
In New palestine, IN, the housing index of 95.7 suggests a relatively affordable market. With a median home price of 250000, it presents a viable option for homebuyers. Rental options are also reasonable, with average rents for a 2-bedroom apartment at 1200 and a 2-bedroom house at 1325. This potential for lower costs can create an enticing environment for families or individuals seeking better quality of life. Always consider the neighborhood amenities, schools, and local job market as you make your decision on relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in New palestine, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in New palestine, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if New palestine is a financially viable option for your relocation.