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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.

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Rent vs. Buy Affordability Calculator

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

$63,596
$1,009/mo

Median in area: $1,009

$123,660

Median in area: $123,660

$24,732

If you Rent

$1,204 /mo
Base Rent$1,009
Est. Utilities$195
% of Income22.7%
Pre-tax Residual$4,096

If you Buy

$1,020 /mo
P&I (7.053%)$662
Taxes & Ins$163
Est. Utilities$195
% of Income19.2%
Pre-tax Residual$4,280

Cost of Living FAQs

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

Based on median housing data, buying is currently more affordable on a monthly basis in New Athens. The estimated all-in monthly cost for renting is $1,204, while owning a median-priced home with a 20% down payment is roughly $1,020 per month (a difference of $184).

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 $195. 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 $48,160 per year.