Housing costs in North Terre Haute?
A typical home costs
$119,500, which is 64.7% less expensive than the national average of
$338,100 and 46.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in North Terre Haute costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 14.0% cheaper than the state average of
$980.
Can I afford North Terre Haute?
To live comfortably in North Terre Haute, Indiana, a minimum annual income of
$23,040 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about North Terre Haute?
The cost of living in North Terre Haute, IN is relatively low compared to other cities. The median home value is $83,000, which is significantly lower than the national average of $219,700. Taxes are also relatively low, with a property tax rate of 0.89%. The overall cost of living index in North Terre Haute is 82.6, which is 18% lower than the US average. In terms of rent and utilities, a one-bedroom apartment costs around $610 per month on average. Food prices are also reasonable, with restaurant meals typically costing between $10 and $15 per person. All in all, North Terre Haute offers a great quality of life at an affordable price point for those looking to move to the area.