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 91, 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 #76 cheapest in Indiana out of 124.
New Whiteland ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in New Whiteland is $142,300.
The median income in New Whiteland is $76,338.
According to the most recent data on the cost of living, New Whiteland has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Indiana, New Whiteland has a cost of living index that's 1.0x lower than Indiana's index of 91.
The standard of living in New Whiteland ranks as #76 most affordable out of the 124 places we measured in Indiana. By definition, that implies New Whiteland ranks as the #48 most expensive place in the Hoosier State.
For more reading on life in New Whiteland, check out:
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 96.
The Groceries index in New Whiteland is 94.
The Health index in New Whiteland is 87.
The Housing index in New Whiteland is 78.
The Transportation index in New Whiteland is 91.
The Utilities index in New Whiteland is 104.
Living Expense | New Whiteland | Indiana | National Average | |
---|---|---|---|---|
Overall | 91 | 91 | 100 | |
Services | 96 | 94 | 100 | |
Groceries | 94 | 96 | 100 | |
Health | 87 | 101 | 100 | |
Housing | 78 | 77 | 100 | |
Transportation | 91 | 95 | 100 | |
Utilities | 104 | 106 | 100 |
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 2017-2021. The key points are:
The Median Home Value in New Whiteland is $142,300.
The Median Rent in New Whiteland is $1,081.
The Median Income in New Whiteland is $76,338.
The Home Value To Income in New Whiteland is 1.9x.
The Rent To Monthly Income in New Whiteland is 0.17x.
Statistic | New Whiteland | Indiana | United States |
---|---|---|---|
Median Home Value | $142,300 | $158,500 | $244,900 |
Median Rent | $1,081 | $891 | $1,163 |
Median Income | $76,338 | $61,944 | $69,021 |
Home Value To Income | 1.9x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Item | New Whiteland | Indiana |
---|---|---|
Shampoo | $1.03 | $1.06 |
Movie | $11.27 | $10.68 |
Bowling | $16.9 | $14.67 |
Haircut | $17.8 | $18.62 |
Beauty Salon | $37.63 | $39.05 |
Item | New Whiteland | Indiana |
---|---|---|
Ground Beef | $4.16 | $4.22 |
Fried Chicken | $1.37 | $1.39 |
Milk | $1.68 | $2.05 |
Potatoes | $2.69 | $3.29 |
Pizza | $10.99 | $10.62 |
Beer | $8.71 | $9.38 |
Toothpaste | $2.02 | $2.34 |
Item | New Whiteland | Indiana |
---|---|---|
Optometrist | $65.9 | $108.57 |
Doctor | $88.25 | $116.17 |
Dentist | $92.92 | $99.13 |
Item | New Whiteland | Indiana |
---|---|---|
Gasoline | $2.12 | $2.22 |
Tire Balancing | $40.89 | $50.07 |
Item | New Whiteland | Indiana |
---|---|---|
All Electricity | $171.81 | $167.67 |
Phone | $184.27 | $175.64 |
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 88, 1.0x New Whiteland.
Greenwood, IN has a cost of living index of 92, 1.0x New Whiteland.
Franklin, IN has a cost of living index of 90, 1.0x New Whiteland.
City | Population | Cost Of Living | Vs. New Whiteland |
---|---|---|---|
Indianapolis, IN | 880,104 | 88 | 1.0x |
Greenwood, IN | 62,914 | 92 | 1.0x |
Franklin, IN | 25,112 | 90 | 1.0x |
Beech Grove, IN | 15,202 | 86 | 0.9x |
Martinsville, IN | 11,848 | 86 | 0.9x |
Mooresville, IN | 9,429 | 89 | 1.0x |
Bargersville, IN | 9,024 | 93 | 1.0x |
Cumberland, IN | 5,860 | 93 | 1.0x |