Housing costs in Greensburg?
A typical home costs
$217,300, which is 35.7% less expensive than the national average of
$338,100 and 1.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Greensburg costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 8.4% more than the state average of
$980.
Can I afford Greensburg?
To live comfortably in Greensburg (zip 47240), Indiana, a minimum annual income of
$41,760 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Greensburg?
The cost of living in 47240 Greensburg, IN is relatively affordable compared to many other locations. According to BestPlaces, overall the cost of living index is 78.1 when compared to the US average of 100, making it 21.9% lower than the national average. Housing in particular is very affordable with a housing index of 59.2 which is 40.8% lower than the national average. Additionally, groceries are also lower than the national average at 94, representing a 6% decrease when compared to the US average. Furthermore, transportation costs and utilities are both below the US average as well at 97 and 92 respectively, offering significant savings for those living in this area.