Cost of Living in Newburgh, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

104.5

100 = national avg

+4.5 vs national average

Living Wage (1 Adult)

$45,993

per year

Living Wage (Family of 4)

$108,710

per year

Cost Index by Category

Housing
99.3
Food
105.4
Transportation
110.7
Healthcare
104.3
Utilities
103.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$860

per month

2 Bedroom

$1,113

per month

The overall cost of living index in Newburgh is 104.5, which is 4.5% above the national average. Housing costs are below the national average at an index of 99.3. A single adult needs to earn approximately $45,993 per year to cover basic expenses.