Housing costs in Versailles?
A typical home costs
$210,100, which is 37.9% less expensive than the national average of
$338,100 and 5.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Versailles costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 12.6% cheaper than the state average of
$980.
Can I afford Versailles?
To live comfortably in Versailles, Indiana, a minimum annual income of
$40,320 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Versailles?
The cost of living in Versailles, IN is quite reasonable. According to a Cost of Living Index, the overall cost of living index for the city is lower than the national average by about 4%. This means that most necessities such as groceries, healthcare costs, goods and services are all more affordable in Versailles than in other parts of the country. There are also plenty of housing options available at a variety of price points, making it possible for individuals and families to live comfortably on a budget. With its low unemployment rate and high quality of life, Versailles is an ideal destination for those looking for affordable living in a charming rural community.