Housing costs in Galveston?
A typical home costs
$157,000, which is 53.6% less expensive than the national average of
$338,100 and 29.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Galveston costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 14.0% cheaper than the state average of
$980.
Can I afford Galveston?
To live comfortably in Galveston, Indiana, a minimum annual income of
$30,240 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Galveston?
The cost of living in Galveston, IN is relatively low compared to the national average. According to the most recent Cost of Living Index released by Sperling's Best Places, Galveston residents pay around 8% less for their basic needs than the average American household. This means that housing costs are lower than other parts of the country, although still relatively affordable for many families. In terms of groceries and other basic needs such as transportation and health care, Galveston remains an economical option for those looking to live in a rural area with plenty of natural beauty.