Housing costs in Shepardsville?
A typical home costs
$113,200, which is 66.5% less expensive than the national average of
$338,100 and 48.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Shepardsville 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 Shepardsville?
To live comfortably in Shepardsville, Indiana, a minimum annual income of
$21,600 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Shepardsville?
Shepardsville, IN is known to be a community that offers a lower cost of living than other nearby cities. The median home value is just over $80,000, which is significantly lower than many surrounding areas. Renters also benefit from the low cost of living in Shepardsville with very affordable monthly rates. Additionally, groceries and basic necessities are all fairly priced due to the competitive market in town. All of these factors create an excellent opportunity for those looking to save money on everyday costs without sacrificing quality.