Housing costs in Columbia City?
A typical home costs
$236,400, which is 30.1% less expensive than the national average of
$338,100 and 6.7% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Columbia City costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 10.1% cheaper than the state average of
$980.
Can I afford Columbia City?
To live comfortably in Columbia City, Indiana, a minimum annual income of
$45,360 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Columbia City?
The cost of living in Columbia City, IN is relatively low when compared to other areas of the United States. The median home cost is only around $85,000, which is lower than the national average. Property taxes are also quite reasonable in Columbia City with a rate of about 0.81%. Utilities are generally fairly affordable in Columbia City as well. Additionally, there is no state income tax in Indiana, which can help to make living expenses more manageable for residents. Overall, the cost of living in Columbia City makes it a great option for those looking for an affordable place to live.