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Cost of Living in New Albany, IN

77.8
Very Affordable · National average is 100

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$53,982
Median Income
$927/mo
Median Rent
$160,600
Median Home
37,598
Population

Cost Breakdown

🏠Housing
83.7
0Nat'l Avg (100)200
🛒Groceries
77.9
0Nat'l Avg (100)200
🚗Transportation
73
0Nat'l Avg (100)200
🏥Healthcare
73.7
0Nat'l Avg (100)200
⚡Utilities
72.1
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$723
est.
$816
est.
$927$1,187
est.
$1,353
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare New Albany with cities in the area

Clarksville, IN
Very Affordable
79.5
Sellersburg, IN
Affordable
85.7
Shively, KY
Very Affordable
71.4
Jeffersonville, IN
Very Affordable
84.2
Georgetown, IN
Affordable
85.9
Audubon Park, KY
Average
98.3
Compare New Albany vs ClarksvilleCompare New Albany vs SellersburgCompare New Albany vs Shively