Housing costs in Alamo?
A typical home costs
$87,800, which is 74.0% less expensive than the national average of
$338,100 and 60.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Alamo costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 25.6% cheaper than the state average of
$980.
Can I afford Alamo?
To live comfortably in Alamo, Indiana, a minimum annual income of
$16,920 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Alamo?
Alamo, IN is an affordable place to live with a low cost of living. According to the Municipal Cost Index, Alamo has a score of 92.3 compared to the national average which is 100. This means that basic expenses such as groceries, housing, utilities and transportation are all significantly lower than the average for other parts of the country. Furthermore, Alamo offers numerous job opportunities for those looking to settle in this small town with a quickly growing population. With its low cost of living and ample job opportunities, Alamo is an attractive option for those looking for a quiet place to settle down without breaking their budget.