Housing costs in Simonton Lake?
A typical home costs
$196,100, which is 42.0% less expensive than the national average of
$338,100 and 11.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Simonton Lake 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 Simonton Lake?
To live comfortably in Simonton Lake, Indiana, a minimum annual income of
$37,440 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Simonton Lake?
Simonton Lake, IN is an affordable place to live with a cost of living that is significantly lower than the national average. Housing costs are low and taxes are also relatively low, making it a great place for families and individuals who want to stretch their dollar further. The city offers the convenience of suburban living while still being close to major cities like Indianapolis and Fort Wayne. The area has seen steady growth in several areas including housing developments, businesses, and recreational opportunities such as bike paths and parks. All in all, Simonton Lake provides its residents with a great quality of life at an affordable price.