Housing costs in Greendale?
A typical home costs
$213,200, which is 36.9% less expensive than the national average of
$338,100 and 3.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Greendale costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$980.
Can I afford Greendale?
To live comfortably in Greendale, Indiana, a minimum annual income of
$40,680 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Greendale?
The cost of living in Greendale, IN is relatively low compared to other nearby cities. The median house price is around $150,000, about 30% lower than the national average. Rent prices are also quite affordable compared to other areas; a two-bedroom apartment can be found for as little as $600 a month. Utilities such as electricity and water are also very affordable. Food prices tend to be slightly higher than surrounding towns, but overall the cost of living in Greendale remains reasonable. In addition, the city offers a variety of tax incentives and discounts to help local businesses succeed. This makes living in Greendale an attractive option for those looking to save money while still enjoying a high quality of life.