Housing costs in Independence?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Independence costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Independence?
To live comfortably in Independence, Indiana, a minimum annual income of
$23,760 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Independence?
The cost of living in Independence, IN is significantly lower than the US average. This makes it an attractive location for those seeking an affordable lifestyle. On average, the cost of living in Independence is approximately 25% lower than the US average of 100, making it a great option for those looking to stretch their money further. In addition, housing is also very affordable in Independence compared to other parts of the country; the median house value is around $250,000 which is much lower than the US average of $338,100. This makes it a great choice for those looking to buy a home at a reasonable price.