Housing costs in Syracuse?
A typical home costs
$302,300, which is 10.6% less expensive than the national average of
$338,100 and 36.4% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Syracuse costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 3.0% more than the state average of
$980.
Can I afford Syracuse?
To live comfortably in Syracuse, Indiana, a minimum annual income of
$57,960 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Syracuse?
The cost of living in Syracuse, IN is relatively low compared to the rest of the United States. According to the most recent data available from BestPlaces.net, the overall cost of living index for Syracuse is 79.9, which is 20.1 percent lower than the national average. Housing prices in Syracuse are much lower than the national average and many people can purchase a home at a fraction of what it would cost in other parts of the country. Utility costs such as electricity and natural gas are also low when compared to other states and cities around the country. In addition, groceries and transportation costs are very reasonable in Syracuse, making it a great place to live for those on a budget.