Housing costs in Crown Point?
A typical home costs
$324,200, which is 4.1% less expensive than the national average of
$338,100 and 46.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Crown Point costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 16.2% more than the state average of
$980.
Can I afford Crown Point?
To live comfortably in Crown Point, Indiana, a minimum annual income of
$62,280 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Crown Point?
Crown Point, IN is known for its affordability in terms of cost of living. It is estimated that the cost of living index for Crown Point is around 84, which is 16 points below the national average. This means that residents can expect to pay lower prices for goods and services than they would in other parts of the country. The median home value in Crown Point is around $185,000 with a median household income of just over $67,000. Groceries, housing costs, utilities and transportation are all typically cheaper than the national average as well. Overall, some may find this small city to be an ideal place to live due to its lower cost of living and access to amenities such as parks, schools and shopping areas.