Housing costs in Speedway?
A typical home costs
$218,200, which is 35.5% less expensive than the national average of
$338,100 and 1.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Speedway costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 3.2% cheaper than the state average of
$980.
Can I afford Speedway?
To live comfortably in Speedway, Indiana, a minimum annual income of
$41,760 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Speedway?
The cost of living in Speedway, IN is relatively low compared to other parts of the state and nation. The median home value in Speedway is $97,700, making it an affordable place to live for those looking to purchase a home. Renting can also be a great option as the median rent price for a one bedroom apartment is just $750. Groceries and other essentials are also less expensive than in other areas, so overall Speedway is an inexpensive place to live. Residents of Speedway get the benefits of living close to Indianapolis without having to pay the higher cost associated with it.