Housing costs in Muncie?
A typical home costs
$123,900, which is 63.4% less expensive than the national average of
$338,100 and 44.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Muncie costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 11.4% cheaper than the state average of
$980.
Can I afford Muncie?
To live comfortably in Muncie, Indiana, a minimum annual income of
$23,760 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Muncie?
Muncie Indiana has a cost of living index rating significantly lower than that if the nation at 83 due mostly to its especially low housing costs making up 22%, transportation at 12%, groceries (11%), utilities (6%) and healthcare making 5%. Although utility costs remain relatively high due largely to expensive power sources such as coal or nuclear energy most other categories are either on par or even below average providing citizens with an overall low cost of living compared with almost everywhere else in America while still affording them access to city amenities like cultural centers, recreational facilities and educational institutes.