New Haven, IN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for New Haven stands at 93, which is 7% lower than the national average of 100. This makes housing, groceries, and utilities more affordable for residents, while still maintaining a reasonable standard in other areas like healthcare and miscellaneous expenses.
New Haven, Indiana, presents a cost of living that is notably lower than the nationwide average. The housing index in New Haven stands at 85, which is 15% below the national average. This suggests that housing expenses in New Haven are more affordable compared to the rest of the country. Job seekers may find that they can secure more housing for their money, making it easier to manage their budgets.
In addition to housing, the grocery index in New Haven is 95, which is 5% below the national average. This indicates that groceries are slightly cheaper in New Haven than in many other areas. Utilities, at 97, are just 3% above the national average, showing minimal difference in cost. Transportation costs are at 90, which is 10% below the average, offering another area where residents can save money. Healthcare costs are at 92, which is 8% lower than the national average, providing potential savings for those considering relocation. Overall, New Haven offers a cost of living that is competitive and favorable for many professional job seekers.
