Homecroft, IN Cost of Living


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Homecroft cost of living score
85.7
Less expensive
14.3% lower
than the US average
2.4% higher
than the Indiana average
Homecroft, Indiana gets a BestPlaces Cost of Living score of 85.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.3% lower than the U.S. average and 2.4% lower than the average for Indiana.

Homecroft, IN

Housing costs in Homecroft?
A typical home costs $176,600, which is 47.8% less expensive than the national average of $338,100 and 20.3% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Homecroft costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 3.0% more than the state average of $980.

Can I afford Homecroft?
To live comfortably in Homecroft, Indiana, a minimum annual income of $33,840 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Homecroft?
equestId:543373bd-ba27-4eba-b75e-539f917085c2,resource:content,data:[{id:txt_b23f020f67674d34ad0762a59732d9b1,text:\n \nThe cost of living in Homecroft, IN is quite reasonable. The median home value is around $161,000, which is slightly lower than the national median. Additionally, the median household income is around $67,000 per year which is slightly higher than the Indiana state average. In terms of taxes, there is a 9% sales tax rate and a 6% income tax rate for residents. All in all, Homecroft offers a moderate to low cost of living that allows people to comfortably afford basic necessities without breaking their budget.
   Cost of living score
     CategoriesHomecroftIndianaUnited States
  85.783.7100.0
  9492.9100
  100.394.4100.0
  74.663.8100.0
  $176,600$221,600$338,100
  90.2%97.2%100.0%
  92.585.4100.0
  102.6102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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