Housing costs in Kennard?
A typical home costs
$123,900, which is 63.4% less expensive than the national average of
$338,100 and 44.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Kennard 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 Kennard?
To live comfortably in Kennard, Indiana, a minimum annual income of
$23,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Kennard?
Kennard, IN is known for its low cost of living and affordable housing. The median home value in the town is around $81,000, with the median rental price hovering around $637 per month. Property taxes are also relatively low, at around 1% of assessed home value. The overall cost of living in Kennard is 16% lower than the national average, making it an attractive area for those looking to stretch their budget. With grocery prices 5% lower than the U.S. average and health care costs 12% below national levels, people can enjoy life without breaking the bank in this quaint Indiana town.