Housing costs in Universal?
A typical home costs
$55,000, which is 83.7% less expensive than the national average of
$338,100 and 75.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Universal costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Universal?
To live comfortably in Universal, Indiana, a minimum annual income of
$10,440 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Universal?
The cost of living in Universal, IN is relatively affordable compared to other cities in the state. According to the most recent census data, the median household income in Universal is just over $46,000 per year and the median home value stands at around $83,000. The overall cost of living index is only 86.4, which is 14.6 below the national average of 100. This makes it a great place to live for those who want to enjoy all that Indiana has to offer without breaking the bank. With a variety of housing options available, from single-family homes to apartments and condos, there are plenty of choices for those seeking an affordable lifestyle in Universal.