Cost Of Living in New Point, IN

Get 300+ Local Insights for Any Address in New Point, IN

Get Access to 300+ Local Data Points

A+

13%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

37%

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 Point	Indiana	National
Cost of living	87	89	100
Groceries	100	97	100
Health care	96	97	100
Housing	63	72	100
Transportation	96	96	100
Utilities	97	96	100
Lifestyle & Entertainment	93	95	100
Household Items	98	98	100
Education & Childcare	96	94	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In New Point, IN

8402 E County Rd 200 S

New Point, IN

Cost Of Living Quick Facts

The cost of living in New Point is 3% lower than the Indiana average
The cost of living in New Point is 13% lower than the national average
New Point housing is 37% 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 Point

See all the best places to live around New Point

Compare New Point, IN Cost of Living

Write a review to give others more information about this area.

See all New Point poll results

The best places in Indiana

Here are the best places to live in Indiana

Most Dangerous Cities In The US

These are the 10 cheapest cities in Indiana

Most Dangerous States In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$85,057	$7,088	$1,985	$2,552
Renters	$55,046	$4,587	$1,284	$1,652

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

City	Population	Cost of Living Index	National Avg.
Clarksburg, IN	58	97	3.2%
Milroy, IN	666	82	18.4%
Laurel, IN	802	82	17.6%
Moores Hill, IN	867	83	16.9%
Westport, IN	1,289	85	15.2%
New Point, IN	381	87	13.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Naknek, AK	381	120	19.7%
Quimby, IA	381	77	22.6%
Yale, IA	381	82	18.1%
Herrick, IL	381	80	20.3%
Royal, IL	381	98	1.5%
New Point, IN	381	87	13.2%