Housing costs in Oolitic?
A typical home costs
$146,100, which is 56.8% less expensive than the national average of
$338,100 and 34.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Oolitic costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 12.6% cheaper than the state average of
$980.
Can I afford Oolitic?
To live comfortably in Oolitic, Indiana, a minimum annual income of
$28,080 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Oolitic?
Living in Oolitic, IN can be quite affordable. The cost of living index is only 77.4, which is significantly lower than the national average (100). The median home value is also low, at only $68,800, making it a great place for those on a budget. In addition, utilities are very affordable as well, with electricity rates at 14.6 cents per kWh and natural gas rates of 6.9 cents per therm. Finally, groceries and other miscellaneous items are quite affordable in Oolitic IN due to the presence of several stores such as SuperValu and Walmart that offer great deals throughout the year. All in all, living in Oolitic IN can be an attractive option for those looking for an affordable lifestyle.