Housing costs in Farmersburg?
A typical home costs
$126,000, which is 62.7% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Farmersburg costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Farmersburg?
To live comfortably in Farmersburg, Indiana, a minimum annual income of
$24,120 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Farmersburg?
The cost of living in Farmersburg, IN is quite affordable. The average housing costs are significantly lower than many other cities in the state, and groceries, utilities, and transportation are all moderately priced. In addition, the city does not have a high cost of living index, making it an attractive option for those looking to live on a budget. While there are some higher-priced items that can be found in nearby stores and restaurants, overall Farmersburg offers plenty of great value for its residents.