Housing costs in Melody Hill?
A typical home costs
$181,200, which is 46.4% less expensive than the national average of
$338,100 and 18.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Melody Hill costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% more than the state average of
$980.
Can I afford Melody Hill?
To live comfortably in Melody Hill, Indiana, a minimum annual income of
$34,560 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Melody Hill?
The cost of living in Melody Hill, IN is relatively low compared to other areas in the country. The average home value is around $110,000, and the median household income is around $45,000. Residents can find a variety of housing options ranging from single family homes to apartments and condos. The area also has a number of shopping centers and restaurants that provide variety for both locals and visitors alike. Transportation costs are also relatively low with public transportation being readily available throughout the city. All in all, Melody Hill is an affordable option for those looking for a place to live and work in Indiana.