Housing costs in Corunna?
A typical home costs
$238,800, which is 29.4% less expensive than the national average of
$338,100 and 7.8% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Corunna costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Corunna?
To live comfortably in Corunna, Indiana, a minimum annual income of
$45,720 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Corunna?
Corunna, IN has a relatively low cost of living compared to other parts of the country. According to Sperling's Best Places, Corunna ranks in the lowest 20 percent for overall cost of living. Housing costs are particularly affordable; the median home price is just $90,600 and monthly rent is only $784 on average. Utility costs are also quite reasonable, with an average monthly expense of around $123 for electricity, gas, water and garbage services. Grocery costs are slightly higher than the national average but still quite affordable at about $3.31 per item or $323 per month for a family of four. All in all, Corunna residents can enjoy a comfortable standard of living at an extremely reasonable price point.