Housing costs in Albion?
A typical home costs
$205,700, which is 39.2% less expensive than the national average of
$338,100 and 7.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Albion costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 11.4% cheaper than the state average of
$980.
Can I afford Albion?
To live comfortably in Albion, Indiana, a minimum annual income of
$39,240 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Albion?
Albion, IN offers an affordable cost of living. According to BestPlaces, the cost of living in Albion is approximately 31% lower than the national average. The cost of housing is particularly low, with rent prices for a one-bedroom apartment costing around $425 per month, or about $5,100 annually. Additionally, food costs are quite reasonable in Albion; a meal at an inexpensive restaurant costs around $15 and a loaf of bread costs around $1.50. With these relatively low costs for essential items like housing and food, as well as other expenses like healthcare and utilities being similarly affordable, Albion is an excellent choice for those looking to save money while still enjoying all the city has to offer.