New Whiteland, IN Cost Of Living
Cost Of Living In New Whiteland, IN Summary
Cost of living in New Whiteland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means New Whiteland is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in New Whiteland is 87, with 100 being the average.
The cost of living index in New Whiteland is 0.9x lower than the national average.
New Whiteland ranks as the #39 cheapest in Indiana out of 128.
New Whiteland ranks as the #777 cheapest out of 6,489 in the US.
The median home value in New Whiteland is $226,742.
The median income in New Whiteland is $89,196.
Table Of Contents
New Whiteland's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in New Whiteland, IN?
According to the most recent data on the cost of living, New Whiteland has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Indiana, New Whiteland has a cost of living index that's 0.9x lower than Indiana's index of 92.
The standard of living in New Whiteland ranks as #39 most affordable out of the 128 places we measured in Indiana. By definition, that implies New Whiteland ranks as the #89 most expensive place in the Hoosier State.
For more reading on life in New Whiteland, check out:
In Indiana
In America
New Whiteland Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in New Whiteland. Here is how it fairs on each of the criteria:
The Services index in New Whiteland is 97.
The Groceries index in New Whiteland is 98.
The Health index in New Whiteland is 90.
The Housing index in New Whiteland is 70.
The Transportation index in New Whiteland is 97.
The Utilities index in New Whiteland is 105.
| Living Expense | New Whiteland | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 87 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 98 | 97 | 100 | |
| Health | 90 | 94 | 100 | |
| Housing | 70 | 73 | 100 | |
| Transportation | 97 | 94 | 100 | |
| Utilities | 105 | 107 | 100 | |
New Whiteland, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in New Whiteland is $226,742.
The Median Rent in New Whiteland is $1,221.
The Median Income in New Whiteland is $89,196.
The Home Value To Income in New Whiteland is 2.5x.
The Rent To Monthly Income in New Whiteland is 0.16x.
| Statistic | New Whiteland | Indiana | United States |
|---|---|---|---|
| Median Home Value | $226,742 | $251,301 | $303,400 |
| Median Rent | $1,221 | $1,020 | $1,348 |
| Median Income | $89,196 | $70,051 | $78,538 |
| Home Value To Income | 2.5x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
New Whiteland, IN Costs By Category
Detailed New Whiteland Services Costs Vs. Indiana
| Item | New Whiteland | Indiana |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $10.91 | $12.13 |
| Bowling | $18.7 | $18 |
| Haircut | $19.53 | $24.26 |
| Beauty Salon | $39.03 | $45.56 |
Detailed New Whiteland Groceries Costs Vs. Indiana
| Item | New Whiteland | Indiana |
|---|---|---|
| Ground Beef | $5.91 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.07 | $4.93 |
| Pizza | $12.39 | $12.09 |
| Beer | $10.3 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed New Whiteland Health Costs Vs. Indiana
| Item | New Whiteland | Indiana |
|---|---|---|
| Optometrist | $73.37 | $125.68 |
| Doctor | $99.19 | $135.78 |
| Dentist | $109.26 | $113.29 |
Detailed New Whiteland Transportation Costs Vs. Indiana
| Item | New Whiteland | Indiana |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $54.63 | $59.92 |
Detailed New Whiteland Utilities Costs Vs. Indiana
| Item | New Whiteland | Indiana |
|---|---|---|
| All Electricity | $207.03 | $193.99 |
| Phone | $190.02 | $192.25 |
New Whiteland SnackAbility
/10
Cost Of Living In Cities Around New Whiteland
The cost of living varies in the cities and towns around New Whiteland. Here's a quick look at the cost of living in the most populous nearby places:
Indianapolis, IN has a cost of living index of 94, 1.1x New Whiteland.
Greenwood, IN has a cost of living index of 99, 1.1x New Whiteland.
Franklin, IN has a cost of living index of 93, 1.1x New Whiteland.
| City | Population | Cost Of Living | Vs. New Whiteland |
|---|---|---|---|
| Indianapolis, IN | 882,043 | 94 | 1.1x |
| Greenwood, IN | 64,237 | 99 | 1.1x |
| Franklin, IN | 25,999 | 93 | 1.1x |
| Beech Grove, IN | 15,082 | 87 | 1.0x |
| Martinsville, IN | 11,913 | 88 | 1.0x |
| Bargersville, IN | 10,163 | 106 | 1.2x |
| Mooresville, IN | 9,608 | 91 | 1.0x |
| Cumberland, IN | 6,154 | 96 | 1.1x |
