Housing costs in Clear Lake?
A typical home costs
$669,100, which is 97.9% more expensive than the national average of
$338,100 and 201.9% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Clear Lake costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 12.6% cheaper than the state average of
$980.
Can I afford Clear Lake?
To live comfortably in Clear Lake, Indiana, a minimum annual income of
$128,160 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Clear Lake?
The cost of living in Clear Lake, IN is quite reasonable and affordable. The median home value in the town is $124,000, which is lower than the national average. Additionally, the median household income is just over $51,000 a year, which means that Clear Lake residents make slightly less than the national average. In terms of taxes, Indiana residents pay lower tax rates when compared to its neighboring states. Other costs such as food and transportation are also quite affordable due to an abundance of local stores and readily available public transportation options. All-in-all, living in Clear Lake can be seen as a great value for those looking for an affordable place to live.