Housing costs in Kouts?
A typical home costs
$259,900, which is 23.1% less expensive than the national average of
$338,100 and 17.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Kouts costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 3.9% more than the state average of
$980.
Can I afford Kouts?
To live comfortably in Kouts, Indiana, a minimum annual income of
$49,680 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Kouts?
Kouts, IN is a small town with a relatively low cost of living. The median home value in Kouts sits at $148,700 and the median household income is $59,326. This allows for an affordable housing market to exist in the area and makes it easy for families to purchase homes without anxiety about their budget. Additionally, goods and services are generally more affordable than surrounding towns as well due to the reduced demand in the area. Furthermore, groceries, utilities and other necessities are also more reasonably priced than other towns allowing for residents to save on costs. All these factors combine to create a favorable cost of living situation in Kouts, IN.