Housing costs in Jalapa?
A typical home costs
$452,500, which is 33.8% more expensive than the national average of
$338,100 and 104.2% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Jalapa 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 Jalapa?
To live comfortably in Jalapa, Indiana, a minimum annual income of
$86,760 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Jalapa?
The cost of living in Jalapa, IN is relatively low. This is due to its small size and rural location. The average rent for a two-bedroom apartment in Jalapa is approximately $600 per month, while the median home price is just over $80,000. The overall cost of food and groceries also tends to be lower than that of larger cities. Additionally, the local economy relies largely on agriculture and light industry, which keeps the job market relatively stable and wages at a more reasonable rate than other areas. As such, residents in Jalapa can expect to pay much less for basic necessities than those living in more expensive urban areas.