Housing costs in Milroy?
A typical home costs
$186,500, which is 44.8% less expensive than the national average of
$338,100 and 15.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Milroy costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Milroy?
To live comfortably in Milroy, Indiana, a minimum annual income of
$35,640 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Milroy?
The cost of living in Milroy, IN is quite affordable. Housing costs are typically lower than the national average, with a median home price of $112,500. The median monthly rent for an apartment also tends to be lower than the national average at around $700. Grocery and food costs tend to be close to the national average, while transportation expenses tend to be slightly lower. Utility costs are also relatively low compared to other parts of the country. All in all, residents in Milroy enjoy a relatively low cost of living that makes it possible for them to live comfortably on a modest budget.