Housing costs in St. Mary of the Woods?
A typical home costs
$101,000, which is 70.1% less expensive than the national average of
$338,100 and 54.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in St. Mary of the Woods costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford St. Mary of the Woods?
To live comfortably in St. Mary of the Woods, Indiana, a minimum annual income of
$19,440 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about St. Mary of the Woods?
The cost of living in St. Mary of the Woods, IN is relatively low compared to other areas in the country. According to BestPlaces's Cost of Living Index, St. Mary of the Woods has a cost of living index that is almost 20% lower than the average American city. Additionally, overall consumer prices are around 9% lower than the national average, making it an attractive option for those looking to save money while still enjoying the amenities and beauty of a small town atmosphere. Groceries, transportation, and health care are all comparatively cheaper here as well. All things considered, St. Mary of the Woods offers a great combination of affordability and quality of life that anyone could appreciate.