Housing costs in Laconia?
A typical home costs
$188,400, which is 44.3% less expensive than the national average of
$338,100 and 15.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Laconia 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 Laconia?
To live comfortably in Laconia, Indiana, a minimum annual income of
$36,000 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Laconia?
The cost of living in Laconia, IN is quite reasonable. Stable housing prices and below average utility costs make Laconia a great place to live. The median home price in the city is about $120,000 which is significantly lower than the state average. On top of that, basic utilities such as water, electricity, and gas are all priced at 18% less than the national average. Grocery costs are also on par with other cities in the region at around 10% below the national average. All in all, living in Laconia can be a great way to save money while enjoying all of its amenities and attractions.