Cost of Living in New Haven, IN
Population 15,339 · Indiana · Data vintage 2023
(100 = US avg)
New Haven offers a notably favorable income-to-housing ratio for its region. The typical home — $151,000 — costs less than 2.3 times median household income of $67,121, a threshold many coastal markets passed a decade ago.
New Haven sits roughly 7 miles east of Fort Wayne — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 11% lower than Fort Wayne's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in New Haven
The median home value in New Haven is $151,200 — 50% below the national median of $305,000. Median rent runs $947/month, 28% lower than the national median of $1,314/month. The median household income of $67,121/year is 10% lower than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, New Haven has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in New Haven, IN?
New Haven has a cost index of 59 (100 = national average). It is 41% below the national average.
What is average rent in New Haven, IN?
The median gross rent in New Haven is $947 per month based on 2023 Census data.
What is the average home price in New Haven?
The median home value in New Haven is $151,200 according to Zillow and Census data.
What is the median income in New Haven?
The median household income in New Haven is $67,121 per year (2023 ACS 5-year estimates).
What is the sales tax in New Haven, IN?
The combined state and local sales tax rate in New Haven is 7.0%. The Indiana state income tax top rate is 3.0%.
Is New Haven, IN affordable?
Yes, New Haven is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.
New Haven at a Glance
- Population
- 15,339
- Median Income
- $67,121
- Home Value
- $151,200
- Median Rent
- $947/mo
- Unemployment
- 4.1%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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