Housing costs in Paragon?
A typical home costs
$198,700, which is 41.2% less expensive than the national average of
$338,100 and 10.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Paragon costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 9.3% more than the state average of
$980.
Can I afford Paragon?
To live comfortably in Paragon, Indiana, a minimum annual income of
$38,160 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Paragon?
The cost of living in Paragon, IN is quite reasonable. The median home price is $118,000, and the average rent for a two-bedroom apartment is $725 per month. Utilities are affordable, with an average monthly electric bill of roughly $81 and water and sewer at $48. Groceries are also reasonably priced, with a grocery index of 95.2 – slightly below the U.S. average of 100. Although transportation costs can be higher due to limited public transit options, overall the cost of living in Paragon, IN is a bargain compared to other parts of Indiana or the United States as a whole.