Housing costs in Wolcott?
A typical home costs
$175,800, which is 48.0% less expensive than the national average of
$338,100 and 20.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Wolcott costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 2.0% more than the state average of
$980.
Can I afford Wolcott?
To live comfortably in Wolcott, Indiana, a minimum annual income of
$33,840 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Wolcott?
The cost of living in Wolcott, IN is relatively low compared to other parts of Indiana and the United States. The median household income in Wolcott is $38,848 while the cost of living index is 80.6, which is significantly lower than the national average of 100. Housing in Wolcott typically costs less than other places in the state, and groceries, utilities, and transportation are also affordable. This makes Wolcott a great place to live for those who want to save money without sacrificing quality of life.