Housing costs in Austin?
A typical home costs
$139,600, which is 58.7% less expensive than the national average of
$338,100 and 37.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Austin costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Austin?
To live comfortably in Austin, Indiana, a minimum annual income of
$26,640 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Austin?
The cost of living in Austin, IN is significantly lower than the national average. The median home price is $112,200, and the median rent price is $719 per month. This makes it an affordable place to live for those with a tight budget. Groceries and health care are also both cheaper than average in Austin, making it a great option for families and retirees alike. Additionally, taxes are lower compared to other states, leading to more money in residents' pockets. All of these factors make Austin an attractive place to call home.