Coalmont, IN Cost of Living


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How much do I need to live in Coalmont, Indiana?
$2,490 / month
for a family, 53.9% less expensive than the national average A total of $29,880 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Coalmont cost of living score
78
Less expensive
22.0% lower
than the US average
6.8% lower
than the Indiana average
Coalmont, Indiana gets a BestPlaces Cost of Living score of 78, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.0% lower than the U.S. average and 6.8% higher than the average for Indiana.

Coalmont, IN

Housing costs in Coalmont?
A typical home costs $155,100, which is 54.1% less expensive than the national average of $338,100 and 30.0% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Coalmont costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 24.1% cheaper than the state average of $980.

Can I afford Coalmont?
To live comfortably in Coalmont, Indiana, a minimum annual income of $29,880 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Coalmont?
The cost of living in Coalmont, IN is fairly affordable compared to other parts of the country. The median home value is around $67,000, and the median rent for an apartment is about $636 per month. The average cost for goods and services is also low with groceries costing around 10% less than the national average. Property taxes are also comparatively lower than in other states across the country. All in all, Coalmont makes a great place for those looking to live somewhere that won't break their budget or sacrifice their quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCoalmontIndianaUnited States
    Unlock83.7100.0
  90.0  Unlock100.0
    Unlock94.4100.0
  43.1  Unlock100.0
    Unlock$221,600$338,100
  100.1  Unlock100.0
    Unlock85.4100.0
  79.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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