Housing costs in Hudson Lake?
A typical home costs
$141,000, which is 58.3% less expensive than the national average of
$338,100 and 36.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Hudson Lake costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$980.
Can I afford Hudson Lake?
To live comfortably in Hudson Lake, Indiana, a minimum annual income of
$27,000 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Hudson Lake?
Hudson Lake, IN is known for its affordability. The cost of living in Hudson Lake is quite low compared to many other cities and towns in Indiana. Housing costs are especially low, with the median home value being only $93,900. This means that even with an average household income of $51,341, families can afford to live comfortably in a nice home or apartment in the area. The cost of food, utilities, transportation and healthcare are all relatively low as well compared to the state and national averages. Overall, Hudson Lake is an affordable place to call home.