Housing costs in Royal Center?
A typical home costs
$141,600, which is 58.1% less expensive than the national average of
$338,100 and 36.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Royal Center costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Royal Center?
To live comfortably in Royal Center, Indiana, a minimum annual income of
$27,000 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Royal Center?
The cost of living in Royal Center, IN is fairly reasonable for a city of its size. The median home value in the area is around $90,000, which is lower than the state average. Rent prices are also very affordable, with the average rental price being $845 per month. Groceries and other basic necessities are also quite inexpensive compared to other parts of Indiana. Additionally, utility costs such as electricity and water tend to be lower compared to other cities in the state. All in all, Royal Center provides residents with a great quality of life at an affordable price.