Housing costs in Winchester?
A typical home costs
$118,000, which is 65.1% less expensive than the national average of
$338,100 and 46.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Winchester costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Winchester?
To live comfortably in Winchester, Indiana, a minimum annual income of
$22,680 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Winchester?
Winchester, IN is known for its affordability and cost of living. The median home cost in Winchester is $56,000, which is significantly lower than the national average of $231,200. Additionally, the overall cost of living index in Winchester is a very low 81.7 compared to the national average of 100. Other expenses such as groceries, healthcare, transportation, and utilities are also much lower than the national average costs for these items. All of this makes Winchester an attractive city for those looking to save money while still being able to enjoy many of the amenities found in larger cities.