Housing costs in Lakeville?
A typical home costs
$224,800, which is 33.5% less expensive than the national average of
$338,100 and 1.4% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Lakeville costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 10.9% more than the state average of
$980.
Can I afford Lakeville?
To live comfortably in Lakeville, Indiana, a minimum annual income of
$43,200 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Lakeville?
The cost of living in Lakeville, IN is quite reasonable. The overall cost of living index is lower than the national average, at about 88%. Housing costs are especially reasonable, with median home prices falling well below $200,000. Renting a two-bedroom apartment comes in at an affordable monthly average of around $750. Groceries and other basic necessities are also reasonably priced, making Lakeville a great place to live for those on a budget.