Housing costs in Matthews?
A typical home costs
$78,500, which is 76.8% less expensive than the national average of
$338,100 and 64.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Matthews costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 32.4% cheaper than the state average of
$980.
Can I afford Matthews?
To live comfortably in Matthews, Indiana, a minimum annual income of
$15,120 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Matthews?
The cost of living in Matthews, IN is generally quite affordable. The area is located away from major cities and towns, so the cost of living tends to be lower than those found in more populated areas. Median home prices are below the national average and local property taxes are also below the national rate. The area has a variety of stores, restaurants, and other amenities available at very reasonable prices. Additionally, there are plenty of free activities such as hiking trails or walks along the rivers for residents to enjoy. All in all, Matthews offers great value for money when it comes to the cost of living.