Housing costs in Ferdinand?
A typical home costs
$232,000, which is 31.4% less expensive than the national average of
$338,100 and 4.7% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Ferdinand costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Ferdinand?
To live comfortably in Ferdinand, Indiana, a minimum annual income of
$44,280 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Ferdinand?
The cost of living in Ferdinand, IN is relatively low compared to the national average. The median home price is around $175,000 – far lower than the U.S. median of over $200,000 – and the overall cost of goods and services is 5.7% lower than the national average. This makes it an ideal location for people on a budget looking for a place to call home. Property taxes are also relatively low when compared to other parts of the country, making it a great option for retirees or families looking for real estate affordability. Combined with its many amenities and beautiful scenery, Ferdinand is an excellent choice for those seeking reasonable housing costs without sacrificing quality of life.