Cost of living in New Albany

In New Albany, United States, a family of four typically needs around $4552 per month including rent. A single person may spend about $1896 monthly.

How expensive is New Albany compared to other cities?

Compared to the European benchmark, New Albany is 33% more expensive overall.

How does New Albany compare to your city?

New Albany is 44% cheaper than New York City, without rent.

Rent in New Albany is, on average, 58% lower than in New York City.

What drives the cost of living in New Albany?

Who is New Albany a good fit for?

New Albany tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is New Albany so expensive?

The primary driver of New Albany's high cost of living is the significant expense associated with rent and utilities.

Is food expensive in New Albany?

Yes, food costs are 28% higher than the European benchmark.

Is public transport affordable in New Albany?

Public transport is considered affordable, being 44% lower than the European benchmark.

Cost of living breakdown

Cost of Living, one person, including rent
1896 $
Without Rent
796 $
Rent & Utilities
1100 $
Food
610 $
Transport
42 $
Monthly Salary, after tax
4473 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
37.8K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 18.1 $
Dinner 67.8 $
Fast food, McDonalds or KFC 8.88 $
Beer, 0.5 L or 16 fl oz 4.99 $
Capuccino 5.01 $
Coke, 330ml 2.54 $

Compare New Albany with:

Markets

Milk, 1 L or 1 qt 0.9 $
Bread, 0.5 kg or 1 lb 3.85 $
Rice, 1 kg or 2 lb 3.21 $
Eggs, 12 pack 2.81 $
Cheese, 1 kg or 2 lb 8.71 $
Chicken Breast, 1 kg or 2 lb 15.6 $
Round Steak, 1 kg or 2 lb 16.8 $
Apples, 1 kg or 2 lb 5.38 $
Banana, 1 kg or 2 lb 1.55 $
Oranges, 1 kg or 2 lb 3.59 $
Tomato, 1 kg or 2 lb 4.98 $
Potato, 1 kg or 2.2 lb 3.96 $
Onion, 1 kg or 2.2 lb 2.65 $
Water, 1 L or 1 qt 1.36 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.32 $
Wine, 750 mL bottle 14.9 $
Beer, 0.5 L or 16 fl oz 1.8 $
Cigarette pack 9.05 $

Transportation

One-way Ticket 2.14 $
Monthly Pass 40.6 $
Gas or Petrol, 1l or 0.26 gal 0.89 $
Taxi, 8 km 12.8 $

Personal Care

Doctor Visit, private clinic 110 $
Cold medicine, for 1 week 9.16 $
Hair Shampoo, 400 ml or 12 oz. 4.68 $
Toilet paper, 4 rolls 4.04 $
Toothpaste, 1 tube 2.2 $

Utilities per Month

1 person, electricity, heating, water & garbage 136 $
Family of 4, electricity, heating, water & garbage 208 $
Internet plan, +60 Mbps 55.7 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 902 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,650 $
1 Bedroom Apartment, in city center, 40 sq.m 937 $
3 Bedroom Apartment, in city center, 85 sq.m 1,866 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,029 $
Price per Square Meter to Buy House, in suburbs 1,849 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,473 $
Mortgage Interest Rate, for 20 years fixed-rate 6.57%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 31.3 $
Cinema, 1 seat 12.1 $
Haircut 16.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 83.4 $
Brand Jeans, Levis 501 57.3 $

Childcare

Preschool, full day, monthly for 1 child 1,021 $
International Primary School, yearly for 1 child 15,472 $

Compare New Albany with other top cities

Cayman Islands
New Albany vs George Town (George Town is 92% more expensive)
Bahamas
New Albany vs Nassau (Nassau is 45% more expensive) New Albany vs Freeport (Freeport is 16% more expensive)
Vanuatu
New Albany vs Port Vila (Port Vila is 24% more expensive) New Albany vs Luganville (Luganville is 61% more expensive)
United States
New Albany vs New York City (New York City is 114% more expensive) New Albany vs Los Angeles (Los Angeles is 68% more expensive) New Albany vs Chicago (Chicago is 41% more expensive) New Albany vs Houston (Houston is 19% more expensive) New Albany vs Phoenix (Phoenix is 25% more expensive) New Albany vs Philadelphia (Philadelphia is 34% more expensive) New Albany vs San Antonio (San Antonio is 16% more expensive) New Albany vs San Diego (San Diego is 76% more expensive) New Albany vs Dallas (Dallas is 34% more expensive) New Albany vs San Jose (San Jose is 94% more expensive)
Canada
New Albany vs Toronto (Toronto is 36% more expensive) New Albany vs Montreal (Montreal is 3% more expensive) New Albany vs Calgary (Calgary is 13% more expensive) New Albany vs Ottawa (Ottawa is 18% more expensive) New Albany vs Edmonton (Edmonton is 6% less expensive) New Albany vs Winnipeg (Winnipeg is 7% less expensive) New Albany vs Mississauga (Mississauga is 30% more expensive) New Albany vs Vancouver (Vancouver is 40% more expensive) New Albany vs Brampton (Brampton is 12% more expensive) New Albany vs Hamilton (Hamilton is 14% more expensive)
Barbados
New Albany vs Bridgetown (Bridgetown is 28% less expensive) New Albany vs Holetown (Holetown is 27% less expensive)
Panama
New Albany vs Panama City (Panama City is 27% less expensive) New Albany vs Colon (Colon is 38% less expensive) New Albany vs Tocumen (Tocumen is 35% less expensive) New Albany vs Santiago de Veraguas (Santiago de Veraguas is 44% less expensive) New Albany vs David (David is 56% less expensive) New Albany vs La Chorrera (La Chorrera is 50% less expensive) New Albany vs Balboa (Balboa is 34% less expensive) New Albany vs Pacora (Pacora is 34% less expensive) New Albany vs Chitre (Chitre is 42% less expensive) New Albany vs Penonome (Penonome is 42% less expensive)
Saint Kitts And Nevis
New Albany vs Basseterre (Basseterre is 35% less expensive) New Albany vs Cayon (Cayon is 34% less expensive)
Cuba
New Albany vs Havana (Havana is 46% less expensive) New Albany vs Santiago de Cuba (Santiago de Cuba is 25% less expensive) New Albany vs Holguin (Holguin is 32% less expensive) New Albany vs Camaguey (Camaguey is 20% less expensive) New Albany vs Santa Clara (Santa Clara is 44% less expensive) New Albany vs Bayamo (Bayamo is 39% less expensive) New Albany vs Guantanamo (Guantanamo is 18% less expensive) New Albany vs Las Tunas (Las Tunas is 18% less expensive) New Albany vs Pinar del Rio (Pinar del Rio is 42% less expensive) New Albany vs Cienfuegos (Cienfuegos is 54% less expensive)
Costa Rica
New Albany vs San Jose (San Jose is 35% less expensive) New Albany vs Limon (Limon is 37% less expensive) New Albany vs Liberia (Liberia is 53% less expensive) New Albany vs Alajuela (Alajuela is 35% less expensive) New Albany vs Puntarenas (Puntarenas is 33% less expensive) New Albany vs Cartago (Cartago is 49% less expensive) New Albany vs Heredia (Heredia is 34% less expensive) New Albany vs Tamarindo (Tamarindo is 11% less expensive) New Albany vs Santa Teresa (Santa Teresa is 31% less expensive)
Saint Lucia
New Albany vs Castries (Castries is 39% less expensive) New Albany vs Vieux Fort (Vieux Fort is 37% less expensive)
Jamaica
New Albany vs Kingston (Kingston is 30% less expensive) New Albany vs Spanish Town (Spanish Town is 59% less expensive) New Albany vs Montego Bay (Montego Bay is 46% less expensive) New Albany vs Half Way Tree (Half Way Tree is 39% less expensive) New Albany vs May Pen (May Pen is 57% less expensive) New Albany vs Mandeville (Mandeville is 48% less expensive) New Albany vs Old Harbour (Old Harbour is 55% less expensive) New Albany vs Linstead (Linstead is 45% less expensive) New Albany vs Savanna-la-Mar (Savanna-la-Mar is 41% less expensive) New Albany vs Port Antonio (Port Antonio is 40% less expensive)
El Salvador
New Albany vs San Salvador (San Salvador is 37% less expensive) New Albany vs Santa Ana (Santa Ana is 63% less expensive) New Albany vs Soyapango (Soyapango is 38% less expensive) New Albany vs San Miguel (San Miguel is 43% less expensive) New Albany vs Mejicanos (Mejicanos is 39% less expensive) New Albany vs Apopa (Apopa is 40% less expensive) New Albany vs Santa Tecla (Santa Tecla is 37% less expensive) New Albany vs Ahuachapan (Ahuachapan is 23% less expensive) New Albany vs Usulutan (Usulutan is 43% less expensive) New Albany vs Sonsonate (Sonsonate is 53% less expensive)
Antigua And Barbuda
New Albany vs St. John's (St. John's is 43% less expensive) New Albany vs All Saints (All Saints is 43% less expensive)
Grenada
New Albany vs St. George's (St. George's is 44% less expensive) New Albany vs Grenville (Grenville is 44% less expensive)
Dominica
New Albany vs Roseau (Roseau is 47% less expensive) New Albany vs Portsmouth (Portsmouth is 40% less expensive)
Saint Vincent
New Albany vs Kingstown (Kingstown is 48% less expensive) New Albany vs Georgetown (Georgetown is 47% less expensive)
Belize
New Albany vs Belize City (Belize City is 54% less expensive) New Albany vs San Ignacio (San Ignacio is 43% less expensive) New Albany vs Belmopan (Belmopan is 62% less expensive) New Albany vs San Pedro Town (San Pedro Town is 30% less expensive) New Albany vs Caye Caulker (Caye Caulker is 17% less expensive)
Guatemala
New Albany vs Guatemala City (Guatemala City is 47% less expensive) New Albany vs Mixco (Mixco is 66% less expensive) New Albany vs Coban (Coban is 52% less expensive) New Albany vs Quetzaltenango (Quetzaltenango is 59% less expensive) New Albany vs Jalapa (Jalapa is 52% less expensive) New Albany vs San Miguel Petapa (San Miguel Petapa is 53% less expensive) New Albany vs Momostenango (Momostenango is 54% less expensive) New Albany vs Mazatenango (Mazatenango is 54% less expensive) New Albany vs Flores (Flores is 55% less expensive) New Albany vs Panajachel (Panajachel is 58% less expensive)
Honduras
New Albany vs Tegucigalpa (Tegucigalpa is 56% less expensive) New Albany vs San Pedro Sula (San Pedro Sula is 45% less expensive) New Albany vs Choloma (Choloma is 68% less expensive) New Albany vs La Ceiba (La Ceiba is 66% less expensive) New Albany vs El Progreso (El Progreso is 53% less expensive) New Albany vs Villanueva (Villanueva is 54% less expensive) New Albany vs Comayagua (Comayagua is 62% less expensive) New Albany vs Puerto Cortes (Puerto Cortes is 62% less expensive) New Albany vs Yoro (Yoro is 61% less expensive) New Albany vs La Lima (La Lima is 54% less expensive)
Dominican Republic
New Albany vs Santiago de los Caballeros (Santiago de los Caballeros is 58% less expensive) New Albany vs Santo Domingo (Santo Domingo is 45% less expensive) New Albany vs Puerto Plata (Puerto Plata is 60% less expensive) New Albany vs Higuey (Higuey is 59% less expensive) New Albany vs La Vega (La Vega is 70% less expensive) New Albany vs San Cristobal (San Cristobal is 56% less expensive) New Albany vs San Pedro de Macoris (San Pedro de Macoris is 61% less expensive) New Albany vs San Francisco de Macoris (San Francisco de Macoris is 72% less expensive) New Albany vs San Juan de la Maguana (San Juan de la Maguana is 67% less expensive) New Albany vs Bonao (Bonao is 71% less expensive)
Nicaragua
New Albany vs Managua (Managua is 59% less expensive) New Albany vs Leon (Leon is 66% less expensive) New Albany vs Masaya (Masaya is 62% less expensive) New Albany vs Matagalpa (Matagalpa is 71% less expensive) New Albany vs Chinandega (Chinandega is 66% less expensive) New Albany vs Esteli (Esteli is 69% less expensive) New Albany vs Granada (Granada is 63% less expensive) New Albany vs Jinotega (Jinotega is 76% less expensive) New Albany vs Juigalpa (Juigalpa is 65% less expensive) New Albany vs San Juan del Sur (San Juan del Sur is 53% less expensive)