Cost Of Living in New Washington, IN

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A+

13%

Overall NAT. AVG.

1%

Goods & Services NAT. AVG.

36%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	New Washington	Indiana	National
Cost of living	87	90	100
Goods & Services	101	95	100
Groceries	100	99	100
Health care	94	99	100
Housing	64	72	100
Transportation	95	101	100
Utilities	87	95	100

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Homes For Sale In New Washington, IN

25009 Boyer Rd

New Washington, IN

4618 Miles Rd

Nabb, IN

Cost Of Living Quick Facts

The cost of living in New Washington is 2% lower than the Indiana average
The cost of living in New Washington is 13% lower than the national average
New Washington housing is 36% 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

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$73,112	$6,093	$1,706	$2,194
Renters	$58,126	$4,844	$1,356	$1,744

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%

Goods & Services

Item	New Washington	National avg.	Difference
Haircut	$25.00	$27.62	9.5%
Beauty Salon	$51.12	$51.11	0.0%
Toothpaste	$4.18	$4.09	2.1%
Shampoo	$1.40	$1.54	9.2%
Movie	$11.48	$12.88	10.9%
Yoga	$21.60	$19.66	9.9%

Groceries

Item	New Washington	National avg.	Difference
Ground Beef	$7.75	$7.70	0.6%
Fried Chicken	$1.70	$1.66	2.3%
Milk	$4.75	$4.73	0.4%
Potatoes	$4.97	$5.26	5.4%
Pizza	$12.45	$12.76	2.4%
Beer	$10.26	$10.55	2.7%

Health Care

Item	New Washington	National avg.	Difference
Optometrist	$99.80	$140.06	28.7%
Doctor	$151.12	$153.82	1.8%
Dentist	$112.33	$123.15	8.8%
Ibuprofen	$11.66	$11.73	0.6%
Lipitor	$21.54	$23.61	8.8%

Housing

Item	New Washington	National avg.	Difference
Home Price	$207,905.00	$326,622.00	36.3%
Avg. Mortgage Payment	$1,714.07	$2,480.25	30.9%
Apartment Rent	$0.00	$1,444.00	100.0%

Transportation

Item	New Washington	National avg.	Difference
Gasoline	$2.89	$3.06	5.5%
Tire Balancing	$62.79	$65.21	3.7%

Utilities

Item	New Washington	National avg.	Difference
All Electricity	$178.07	$220.12	19.1%
Phone	$191.97	$195.71	1.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Kent, IN	0	97	2.6%
Bedford, KY	409	81	18.7%
Austin, IN	3,973	83	17.3%
Hanover, IN	3,523	86	14.5%
Scottsburg, IN	6,866	87	12.9%
New Washington, IN	583	87	12.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Woodland, AL	583	118	18.1%
Kimmell, IN	583	86	14.1%
Macksville, KS	583	75	25.3%
Moorland, KY	583	94	6.4%
Strathmoor Village, KY	583	115	14.8%
New Washington, IN	583	87	12.7%