Housing costs in Valparaiso?
A typical home costs
$301,200, which is 10.9% less expensive than the national average of
$338,100 and 35.9% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Valparaiso costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$980.
Can I afford Valparaiso?
To live comfortably in Valparaiso, Indiana, a minimum annual income of
$57,600 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Valparaiso?
The cost of living in Valparaiso, IN is fairly reasonable. In comparison to the national average, Valparaiso's cost of living index is lower than the national average. According to Sperling's Best Places, Valparaiso ranks below the national average in terms of housing costs and utilities costs. For those looking to save on household expenses, Valparaiso may be a great place to consider. Grocery prices are also about 7% below the national average. In addition, transportation and health care costs are both comparable to the national average. All in all, with its reasonably low cost of living, affordability, and convenient access to nearby amenities such as Chicago, Valparaiso can offer a great lifestyle for those looking for an affordable place to live and work.