Pennville, IN Cost of Living


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United States / Indiana / No Metro Area / Jay County / Pennville / Zip Codes

Pennville cost of living score
69.1
Less expensive
30.9% lower
than the US average
17.4% lower
than the Indiana average
Pennville, Indiana gets a BestPlaces Cost of Living score of 69.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.9% lower than the U.S. average and 17.4% higher than the average for Indiana.

Pennville, IN

Housing costs in Pennville?
A typical home costs $120,500, which is 64.4% less expensive than the national average of $338,100 and 45.6% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Pennville costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 21.0% cheaper than the state average of $980.

Can I afford Pennville?
To live comfortably in Pennville, Indiana, a minimum annual income of $23,040 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Pennville?
Pennville, IN is an affordable place to live in comparison to other cities across the United States. It has a low cost of living, with housing prices that are lower than the national average and food costs that are 20 percent less than the national average as well. Gasoline prices are also lower than other areas, making it easier to access basic necessities without breaking the bank. In addition, Pennville does not have any state income tax which makes living there even more affordable for its residents.
   Cost of living score
     CategoriesPennvilleIndianaUnited States
  69.183.7100.0
  90.592.9100
  93.494.4100.0
  19.863.8100.0
  $120,500$221,600$338,100
  98.0%97.2%100.0%
  66.885.4100.0
  68.5102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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