Housing costs in Painted Hills?
A typical home costs
$254,800, which is 24.6% less expensive than the national average of
$338,100 and 15.0% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Painted Hills costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$980.
Can I afford Painted Hills?
To live comfortably in Painted Hills, Indiana, a minimum annual income of
$48,960 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Painted Hills?
The cost of living in Painted Hills, IN is relatively low compared to other parts of the country. The median home value is estimated at $140,400 and the median household income is reported to be $53,721. Property taxes are also lower than many areas, with a mill levy rate of 0.87%. The area also offers a low cost of living overall with groceries, transportation, housing, and medical care all being below the national average. In terms of utilities such as electricity and water prices remain competitively priced when compared to other areas in Indiana. All told, the cost of living in Painted Hills is a bargain when compared to other places in the state or nation as a whole.