Cost of living in New Albany
New Albany, located in Ohio, United States, is a vibrant city known for its community-oriented atmosphere and quality of life. Understanding the cost of living in New Albany is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17 on average, with a range between $10 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $65, with prices ranging from $50 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9, with a range between $8 and $12.45.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $5 to $14, cappuccino $2.19 to $10, and Coke/Pepsi $1.25 to $5.
Grocery Prices
- Milk - Milk is priced between $0.6 and $1.06 per liter, averaging $0.9.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.97 and $4.41, with an average price of $3.27.
- Eggs (Dozen) - A dozen eggs range from $1.4 to $4.65, averaging $2.88.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.3 to $6.61 per kg, while oranges range from $1.96 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.74 and $6.61 per kg, and lettuce costs $1.29 to $3.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.74 and $0.99 per liter.
- Taxi Fares - Taxi fares start at $2.75, with a cost of $1.26 to $2.17 per km and $25.8 to $27 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is not specified in the data provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the city centre is not specified in the data provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $500, averaging $245.89.
- Internet - Internet services range from $50 to $98, with an average cost of $55.33.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
New Albany offers a moderate cost of living with reasonable prices for dining and groceries. Housing costs are not detailed, but utilities and transportation are relatively affordable.
Residents can enjoy a variety of dining options, from casual to upscale, and benefit from competitive prices on everyday grocery items.
Conclusion
In conclusion, New Albany, OH, presents a balanced cost of living that caters to a range of lifestyles. While housing data is limited, the city offers affordable options in dining, transportation, and utilities.
Prospective residents should consider these factors when planning their move, ensuring they can enjoy the quality of life New Albany has to offer.