Cost of Living in New Washington, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.4
100 = national avg
+10.4 vs national average
Living Wage (1 Adult)
$48,585
per year
Living Wage (Family of 4)
$114,836
per year
Cost Index by Category
Housing93.7
Food114.3
Transportation128.6
Healthcare111.4
Utilities107.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,047
per month
2 Bedroom
$1,272
per month
The overall cost of living index in New Washington is 110.4, which is 10.4% above the national average. Housing costs are below the national average at an index of 93.7. A single adult needs to earn approximately $48,585 per year to cover basic expenses.