Housing costs in East Germantown?
A typical home costs
$106,900, which is 68.4% less expensive than the national average of
$338,100 and 51.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in East Germantown costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$980.
Can I afford East Germantown?
To live comfortably in East Germantown, Indiana, a minimum annual income of
$20,520 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about East Germantown?
East Germantown, IN is an affordable place to live. The average cost of living in the area is estimated to be 8% below the national average, with housing costs making up three quarters of that difference. The median home value in East Germantown is $137,400 and the median monthly rent is $1,035. Utilities are also relatively low when compared to the rest of the nation, which can help families save money on their monthly bills. All in all, East Germantown has a very competitive cost of living which makes it an attractive option for many people looking for a place to call home.