Housing costs in Freetown?
A typical home costs
$209,900, which is 37.9% less expensive than the national average of
$338,100 and 5.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Freetown costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 4.9% more than the state average of
$980.
Can I afford Freetown?
To live comfortably in Freetown, Indiana, a minimum annual income of
$40,320 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Freetown?
The cost of living in Freetown, IN is relatively low. The median home value for the area is just over $80,000, which is a great deal lower than the national average. The median household income for Freetown is about $38,000 per year, which is also considerably lower than the national average. Grocery and other essential items are reasonably priced, making it easy to stay within budget. While rental rates can vary depending on location and size of rental units, they are typically quite affordable compared to other parts of Indiana. Overall, the cost of living in Freetown makes it an attractive option for those looking to live in a rural setting without breaking their budget.