Housing costs in Carbon?
A typical home costs
$161,800, which is 52.1% less expensive than the national average of
$338,100 and 27.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Carbon costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 4.3% cheaper than the state average of
$980.
Can I afford Carbon?
To live comfortably in Carbon, Indiana, a minimum annual income of
$30,960 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Carbon?
The cost of living in Carbon, IN is generally considered to be quite affordable. The median home value in the area is about $107,000, with rental costs coming in at around $744 per month. The overall cost of living index for Carbon is 81.6—which is lower than the national average—making it a great choice for those looking to save money while still enjoying the comforts of suburban life. Additionally, there are plenty of jobs available in the area due to its close proximity to Indianapolis and other major cities, which helps keep unemployment low. All things considered, Carbon provides an excellent quality of life at a relatively reasonable price point.