Housing costs in Wabash?
A typical home costs
$136,700, which is 59.6% less expensive than the national average of
$338,100 and 38.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Wabash costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Wabash?
To live comfortably in Wabash, Indiana, a minimum annual income of
$26,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Wabash?
The cost of living in Wabash, IN is relatively low compared to the national average. The overall cost of living index for the area is 83.9—lower than the national average of 100. Housing expenses are especially low with the median home value being around $87,000 dollars and a median rent of $629 per month. The area's transportation costs are also below the national average along with its groceries, healthcare and utilities. This makes Wabash an attractive location for those looking to settle down somewhere with a reasonable cost of living and plenty of natural beauty.