Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in New Athens

Is it better to rent or buy in New Athens? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

← Back to New Athens Hub

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$93,937
$1,068/mo

Median in area: $1,068

$266,468

Median in area: $266,468

$53,294

If you Rent

🔑
$1,379 /mo
Base Rent$1,068
Est. Utilities$311
% of Income17.6%
Pre-tax Residual$6,449

If you Buy

🏠
$2,290 /mo
P&I (7.018%)$1,421
Taxes & Ins$558
Est. Utilities$311
% of Income29.3%
Pre-tax Residual$5,538

Cost of Living FAQs

Is it cheaper to rent or buy in New Athens?›

Based on median housing data, renting is currently more affordable on a monthly basis in New Athens. The estimated all-in monthly cost for renting is $1,379, while owning a median-priced home with a 20% down payment is roughly $2,290 per month (a difference of $911).

How much do utilities cost in New Athens?›

The average monthly utility cost (electricity and natural gas) for a typical home in New Athens is approximately $311. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in New Athens?›

To comfortably afford the median rent and utilities in New Athens without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $55,160 per year.