Housing costs in Frankton?
A typical home costs
$173,800, which is 48.6% less expensive than the national average of
$338,100 and 21.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Frankton costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Frankton?
To live comfortably in Frankton, Indiana, a minimum annual income of
$33,480 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Frankton?
The cost of living in Frankton, IN is generally considered to be quite affordable. The median household income for Frankton is just over $52K, while the median home value is around $103K. This makes it possible for families to find homes and afford them without too much financial strain. In addition, the cost of living in this area is quite low when compared to other parts of the state or country. Groceries, gas, and other basic needs can be found at very reasonable prices. The city also has a variety of outdoor activities available for residents to enjoy such as fishing and hiking, making it an ideal place for families who want an affordable lifestyle with plenty of things to do.