Housing costs in Borden?
A typical home costs
$180,300, which is 46.7% less expensive than the national average of
$338,100 and 18.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Borden costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Borden?
To live comfortably in Borden, Indiana, a minimum annual income of
$34,560 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Borden?
The cost of living in Borden, IN is quite reasonable. The current median home value is around $113,000, which is slightly below the national average. Renting a one-bedroom apartment typically costs between $500-$600 per month and utility costs are also lower than the national average. Groceries and gas prices are also on the lower end compared to other parts of the country. Overall, residents of Borden, IN enjoy a cost of living that is far below the national average, allowing them to make their money stretch further while still enjoying all of life's comforts.