Cost of Living in New Albany, PA

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

Cost of Living Overview

Overall Index

100.7

100 = national avg

+0.7 vs national average

Living Wage (1 Adult)

$44,298

per year

Living Wage (Family of 4)

$104,704

per year

Cost Index by Category

Housing
88.3
Food
105.6
Transportation
111.2
Healthcare
104.5
Utilities
101.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$844

per month

2 Bedroom

$1,066

per month

The overall cost of living index in New Albany is 100.7, which is 0.7% above the national average. Housing costs are below the national average at an index of 88.3. A single adult needs to earn approximately $44,298 per year to cover basic expenses.