Housing costs in Cannelton?
A typical home costs
$126,700, which is 62.5% less expensive than the national average of
$338,100 and 42.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Cannelton costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 22.5% cheaper than the state average of
$980.
Can I afford Cannelton?
To live comfortably in Cannelton, Indiana, a minimum annual income of
$24,120 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Cannelton?
The cost of living in Cannelton, IN is very reasonable compared to other areas in the United States. The median home cost in the city is around $88,000, which is lower than the national average. Utilities tend to be slightly higher than the national average due to the rural location of Cannelton. Groceries and healthcare are both relatively affordable when compared to other places around the country. Additionally, there are a variety of tax incentives available for businesses and residents alike, making it an attractive place to live and work. All of these factors make Cannelton an excellent place to settle down and enjoy living in a small town atmosphere with financial security.