Housing costs in Patoka?
A typical home costs
$114,600, which is 66.1% less expensive than the national average of
$338,100 and 48.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Patoka costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Patoka?
To live comfortably in Patoka, Indiana, a minimum annual income of
$21,960 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Patoka?
The cost of living in Patoka, IN is relatively low compared to larger cities in the state. The median household income is $43,650, which is lower than that of the national average of $53,482. The median home price in Patoka is around $90,000, and there are plenty of homes available for rent or purchase at reasonable prices. Utilities tend to be affordable as well and the overall cost of goods is low in Patoka due to its rural location. This makes it an ideal place to settle down and enjoy a comfortable lifestyle on a budget.