Housing costs in Sheridan?
A typical home costs
$261,600, which is 22.6% less expensive than the national average of
$338,100 and 18.1% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Sheridan costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$980.
Can I afford Sheridan?
To live comfortably in Sheridan, Indiana, a minimum annual income of
$50,040 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Sheridan?
The cost of living in Sheridan, IN is quite affordable. The median home value is $97,600, which is well below the national average and provides plenty of opportunity for those looking to settle down in the area. Additionally, goods and services are moderately priced compared to other major metropolitan areas; this means that a good portion of your paycheck can go towards enjoying all the amenities Sheridan has to offer. Furthermore, there's no state income tax in Indiana so you're sure to keep more of your earnings in your pocket. All of these factors combine to make Sheridan an ideal place to live with an incredibly reasonable cost of living.