Mier, IN Cost of Living


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Mier cost of living score
68.3
Less expensive
31.7% lower
than the US average
18.4% lower
than the Indiana average
Mier, Indiana gets a BestPlaces Cost of Living score of 68.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.7% lower than the U.S. average and 18.4% higher than the average for Indiana.

Mier, IN

Housing costs in Mier?
A typical home costs $117,200, which is 65.3% less expensive than the national average of $338,100 and 47.1% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Mier costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 15.3% cheaper than the state average of $980.

Can I afford Mier?
To live comfortably in Mier, Indiana, a minimum annual income of $22,320 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Mier?
The cost of living in Mier, IN is quite reasonable. The average price for a home is around $100,000 and rental rates are about $500 to $750 per month. Groceries are relatively inexpensive, with food costs generally lower than the national average. Utilities like electricity, water, and gas are also reasonably priced compared to other parts of the country. In addition, many local businesses offer discounts or special deals that make it easier for people to save money on their everyday expenses. All in all, Mier is a great place to live where residents can expect to get a lot bang for their buck when it comes to living costs.
   Cost of living score
     CategoriesMierIndianaUnited States
  68.383.7100.0
  92.192.9100
  92.894.4100.0
  52.663.8100.0
  $117,200$221,600$338,100
  91.6%97.2%100.0%
  66.185.4100.0
  78.7102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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