Cost of Living in New Palestine, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
133.7
100 = national avg
+33.7 vs national average
Living Wage (1 Adult)
$58,832
per year
Living Wage (Family of 4)
$139,056
per year
Cost Index by Category
Housing140.1
Food121.2
Transportation142.4
Healthcare117.0
Utilities120.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in New Palestine is 133.7, which is 33.7% above the national average. Housing costs are above the national average at an index of 140.1. A single adult needs to earn approximately $58,832 per year to cover basic expenses.