Housing costs in Medora?
A typical home costs
$147,600, which is 56.3% less expensive than the national average of
$338,100 and 33.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Medora costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 3.2% cheaper than the state average of
$980.
Can I afford Medora?
To live comfortably in Medora, Indiana, a minimum annual income of
$28,440 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Medora?
The cost of living in Medora, IN is relatively low. The median home value in the town is $80,700, which is significantly lower than the national median home value of $184,700. The average rent for a one-bedroom apartment is just over $500 per month and utilities are very affordable. Groceries and other essentials are also much less expensive than average. Overall, living in Medora is an inexpensive option for those looking to save money on daily expenses and still enjoy all the benefits of small-town life.