Cost of living in New Albany, IN

New Albany is a Census city in Floyd County, IN. ACS 2024 5-year population is 37,581. Median gross rent is $1,026 (ACS 2024 5-year, this place). Median home value is $180,500. Median household income is $54,710. Insurance is the NAIC state average; food is a USDA plan — no town indexes.