Housing costs in Claypool?
A typical home costs
$192,100, which is 43.2% less expensive than the national average of
$338,100 and 13.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Claypool costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 7.7% cheaper than the state average of
$980.
Can I afford Claypool?
To live comfortably in Claypool, Indiana, a minimum annual income of
$36,720 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Claypool?
The cost of living in Claypool, IN is relatively low. The overall cost of living index for the town is at 87.4, which is 13.6% lower than the U.S. national average. This means that residents benefit from lower housing costs and other expenses associated with everyday living. On average, a one-bedroom apartment in Claypool can be rented for around $500 per month, while two-bedrooms apartments can be found at an affordable rate of around $600 per month. Groceries, utilities and other daily expenses are also significantly cheaper compared to other towns or cities in Indiana and nationwide. All these factors make Claypool an attractive option for those looking for an affordable place to live.