Housing costs in Geneva?
A typical home costs
$187,600, which is 44.5% less expensive than the national average of
$338,100 and 15.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Geneva costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Geneva?
To live comfortably in Geneva, Indiana, a minimum annual income of
$36,000 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Geneva?
Geneva, IN has an affordable cost of living compared to the national average. The overall cost of living index is 82.5, which is 18.5 points lower than the U.S. average of 100. Housing costs are particularly low with a median home price of $116,000 and the median rent costing $744 per month. Other goods and services are also relatively inexpensive, including groceries, utilities, transportation costs, health care expenses and miscellaneous services. All of these factors combine to make Geneva a great place to live for those looking for a lower cost of living without sacrificing quality or convenience.