Housing costs in Bloomington?
A typical home costs
$293,800, which is 13.1% less expensive than the national average of
$338,100 and 32.6% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Bloomington costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 12.5% more than the state average of
$980.
Can I afford Bloomington?
To live comfortably in Bloomington, Indiana, a minimum annual income of
$56,160 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Bloomington?
Bloomington provides a unique opportunity for budget-friendly living placed somewhere near Indiana’s Monroe County offering up medians arriving around the mid-$200s and rent often comes in a bit closer to $1 < 500 dollars depending upon desired amenities - notably lower compared to other parts of The Hoosier State such as Ellettsville or Saint Mary's situated significantly further southward. Grocery stores similarly stay almost equal with United States levels due largely to local taxes & regulations while sales tax sums out constant at no less than 7%.