Housing costs in Shorewood Forest?
A typical home costs
$490,200, which is 45.0% more expensive than the national average of
$338,100 and 121.2% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Shorewood Forest costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 9.3% more than the state average of
$980.
Can I afford Shorewood Forest?
To live comfortably in Shorewood Forest, Indiana, a minimum annual income of
$93,960 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Shorewood Forest?
Living in Shorewood Forest, IN has many benefits, including a relatively low cost of living. The median home value in the area is around $165,000, which is much lower than the national average. Renters can expect to pay roughly $1,100 for a one-bedroom apartment and $1,500 for a two-bedroom. Utilities are also quite affordable in Shorewood Forest with an average monthly price of $150. Transportation costs are minimal due to easy access to public transportation and short commute times. Groceries and other goods are very reasonably priced as well. All together, the cost of living in Shorewood Forest is quite affordable, making it an attractive place to live for individuals and families alike.