Housing costs in Greenwood?
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 Greenwood costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 10.9% more than the state average of
$980.
Can I afford Greenwood?
To live comfortably in Greenwood, Indiana, a minimum annual income of
$57,600 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Greenwood?
Greenwood, Indiana has a cost of living that is lower than the national average. According to the latest figures, the cost of living in Greenwood is 93.3, which is 6.7 points less than the US average of 100. This means that in Greenwood, groceries, goods and services are all slightly cheaper compared to other areas in the United States. In addition to being more affordable than other parts of the country, house median value in Greenwood is also significantly lower at $301200 compared to the national average of $338100. All this makes Greenwood an attractive place for those looking to invest or live and enjoy a higher quality of life at a lower price point.