Housing costs in Dearborn?
A typical home costs
$269,400, which is 20.3% less expensive than the national average of
$338,100 and 21.6% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Dearborn costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$980.
Can I afford Dearborn?
To live comfortably in Dearborn Indi County, Indiana, a minimum annual income of
$51,480 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Dearborn?
The cost of living in Dearborn, IN County is relatively low when compared to the national average. The county's Cost of Living is 90.2 whereas the US average Cost of Living is 100. This difference in numbers suggests that living in Dearborn County is more affordable than many other areas of the country. Additionally, the median house value in Dearborn County is $269,400 which is significantly lower than the US average house value of $338,100. With these factors taken into consideration, it becomes clear that the cost of living in Dearborn County can be very affordable for individuals and families looking for a place to call home.