Housing costs in Nappanee?
A typical home costs
$229,000, which is 32.3% less expensive than the national average of
$338,100 and 3.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Nappanee costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 3.2% cheaper than the state average of
$980.
Can I afford Nappanee?
To live comfortably in Nappanee, Indiana, a minimum annual income of
$43,920 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Nappanee?
Nappanee, IN is an affordable place to live with a relatively low cost of living. According to BestPlaces, the overall cost of living index in Nappanee is 78, which is 22% lower than the national average. This means that basic necessities such as groceries, healthcare, and utilities are much more affordable when compared to other parts of the country. Housing is also reasonably priced in Nappanee, with median home prices around $93,000 and rental prices for a one-bedroom apartment sitting at approximately $660 per month. These low costs make Nappanee an attractive place for people looking for value in their cost of living.