Housing costs in Edgewood?
A typical home costs
$197,100, which is 41.7% less expensive than the national average of
$338,100 and 11.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Edgewood 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 Edgewood?
To live comfortably in Edgewood, Indiana, a minimum annual income of
$37,800 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Edgewood?
Edgewood, IN is an affordable place to live. The cost of living in Edgewood is lower than the national average, providing a great value for residents. Housing costs are particularly attractive in Edgewood; the median price of a home is about $162,000, which is well below the national median price of a home and about 15% below the state average. Additionally, utilities such as electric and gas are generally quite affordable in Edgewood. Food prices are also relatively low compared to other cities; produce items can be purchased for affordable prices at local farmer's markets or grocery stores. Overall, Edgewood is an attractive city for those looking to save money while maintaining a good quality of life.