Housing costs in Hope?
A typical home costs
$210,700, which is 37.7% less expensive than the national average of
$338,100 and 4.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Hope costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$980.
Can I afford Hope?
To live comfortably in Hope, Indiana, a minimum annual income of
$40,320 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Hope?
Hope, IN has a relatively low cost of living compared to the national average. The median home value in Hope is approximately $97,100, nearly 18% lower than the national average. Additionally, the cost of utilities in Hope are about 16% lower than the national average. This makes it a great location for those looking to save money while still enjoying all that small town life has to offer. Overall, Hope can be a great place to live and work on a budget.