Housing costs in Elizabeth?
A typical home costs
$193,900, which is 42.7% less expensive than the national average of
$338,100 and 12.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Elizabeth 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 Elizabeth?
To live comfortably in Elizabeth, Indiana, a minimum annual income of
$37,080 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Elizabeth?
The cost of living in Elizabeth, IN is quite affordable. Although there has been an increase in real estate prices recently, the average home price is still very reasonable compared to nearby cities. Additionally, groceries and other necessities are quite inexpensive throughout the city. The local tax rate is also among the lowest in Indiana. All this makes Elizabeth a great city for those looking for an affordable place to live.