Housing costs in Alexandria?
A typical home costs
$154,400, which is 54.3% less expensive than the national average of
$338,100 and 30.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Alexandria 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 Alexandria?
To live comfortably in Alexandria, Indiana, a minimum annual income of
$29,520 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Alexandria?
The cost of living in Alexandria, IN is generally considered to be very affordable. The city's median household income is $45,913 and the median home value is around $125,000, which is lower than both the Indiana state average and the national average. In addition, the area has a low unemployment rate and a variety of industries that provide ample job opportunities. Groceries, transportation, healthcare and other basic costs are all relatively affordable when compared with other cities in the Midwest. Overall, Alexandria offers an excellent quality of life at an affordable price point.