Median Income
$56,761
household / year
Median Home Value
$112,700
owner-occupied
Median Rent
$1,105
gross / month
Cost of Living
103
national avg = 100

Is New Chicago, IN a Good Place to Live?

New Chicago is a small town of 2,111 in Indiana, with a median household income of $56,761 and a 9.3% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: New Chicago stands out for below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether New Chicago is right for you depends on your priorities — the full breakdown is below.

All New Chicago city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

New Chicago's overall cost of living index is 102.6, where 100 represents the US national average. Living in New Chicago costs roughly 3% more than the average American city.

Metric New Chicago, IN National Avg
Median Home Value $112,700 $244,900
Median Monthly Rent $1,105 $1,163
Homeownership Rate 70.8% 65.9%
Median Household Income $56,761 $74,755

Crime & Safety

Very Safe

New Chicago's violent crime rate is 196.1 per 100,000 residents — 48% lower than the national average of ~380 per 100,000.

Violent Crime
196.1 /100k
Property Crime
945.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric New Chicago, IN National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 15.7% 35.4%
High School Diploma or Higher 83.6% 91.1%

Weather & Climate

New Chicago sees average highs of 32.1°F in January and 81.6°F in July, with 40.8 inches of annual precipitation and 26.6 inches of snow per year.

MetricNew Chicago, IN
Average High — January32.1°F
Average High — July81.6°F
Annual Precipitation40.8"
Annual Snowfall26.6"

Demographics

MetricNew Chicago, INNational Avg
Population2,111—
Median Age31.938.9
Unemployment Rate9.3%3.7%
Avg Commute Time24.4 min26 min
White (non-Hispanic)71.8%59.3%
Black or African American1.8%13.6%
Hispanic or Latino23.9%18.9%
Asian0.2%6.3%
Under 1827.6%22.2%
65 and over9.7%16.8%

Nearby Cities

Lake Station, IN 2 mi Hobart, IN 3 mi Gary, IN 4 mi Portage, IN 5 mi Wheeler, IN 6 mi

New Chicago vs Other Cities

New Chicago, IN vs Lake Station, IN New Chicago, IN vs Hobart, IN New Chicago, IN vs Gary, IN New Chicago, IN vs Portage, IN New Chicago, IN vs Wheeler, IN

Frequently Asked Questions

New Chicago's cost of living index is 103, where 100 is the national average. That puts New Chicago roughly 3% above the national average in cost. The median home price is $112,700 and median rent is $1,105/month.
New Chicago's violent crime rate is 196.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 945.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
New Chicago, IN has a population of 2,111, a median household income of $56,761, and an unemployment rate of 9.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Chicago averages 32.1°F in January and 81.6°F in July. Annual rainfall is 40.8 inches with about 26.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of New Chicago, Indiana is 2,111 with a median age of 31.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Chicago: cost of living index 103 (100 = US average), median home $112,700, median household income $56,761, crime index 49 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare New Chicago side by side with your current city to see the trade-offs.