Housing costs in Metamora?
A typical home costs
$198,000, which is 41.4% less expensive than the national average of
$338,100 and 10.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Metamora costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 2.1% cheaper than the state average of
$980.
Can I afford Metamora?
To live comfortably in Metamora, Indiana, a minimum annual income of
$37,800 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Metamora?
Metamora, IN offers a relatively low cost of living compared to the US average. The overall cost of living index in Metamora is 85.2 which is 15.8% lower than the national average. Housing costs are particularly low with the median home price being 22.1% lower than the US average and monthly rent for a one-bedroom apartment being 5.8% lower than the US average. Grocery and transportation costs are also slightly below average, while health care, utilities and miscellaneous goods & services are all slightly above average. All things considered, Metamora is an affordable place to live with residents enjoying a good quality of life for a relatively low cost.