Cost of Living in New Market, IN

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15%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
38%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index New Market Indiana National
Cost of living8589100
Groceries9997100
Health care9897100
Housing6272100
Transportation9596100
Utilities9496100
Lifestyle & Entertainment9495100
Household Items9698100
Education & Childcare8994100
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Homes For Sale In New Market, IN

property for sale

207 E Pine St

New Market, IN
property for sale

205 E Main St

New Market, IN
property for sale

206 E Main St

New Market, IN

Cost Of Living Quick Facts

  • The cost of living in New Market is 4% lower than the Indiana average
  • The cost of living in New Market is 15% lower than the national average
  • New Market housing is 38% lower than the national average
  • Indiana general sales tax is 37% higher than the national average
  • Indiana state income tax is 21% higher than the national average

Most Affordable Places to Live in and Around New Market

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Compare New Market, IN Cost of Living

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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$105,389$8,782$2,459$3,162
      Renters$65,685$5,474$1,533$1,971

      Indiana Sales Tax

      State General Sales Tax With Max Surtax
      Indiana 7% 7%

      Indiana Income Tax

      State Income Tax (Low) Income Tax (High)
      Indiana 3.15% 3.15%

      Nearby cities with low cost of living

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      Alamo, IN707326.8%
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      Marshall, IN3818119.2%
      Mellott, IN1618118.9%
      Russellville, IN3418416.4%
      New Market, IN6538514.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Norfolk, CT65311010.0%
      Fern Forest, HI65311110.9%
      Sherrard, IL653909.6%
      Oldenburg, IN653991.2%
      Burden, KS6538119.0%
      New Market, IN6538514.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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