Housing costs in Miami?
A typical home costs
$124,700, which is 63.1% less expensive than the national average of
$338,100 and 43.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Miami 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 Miami?
To live comfortably in Miami Indi County, Indiana, a minimum annual income of
$23,760 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Miami?
The cost of living in Miami, IN County is lower than the US average. It is 71.4 compared to the US average of 100, which suggests that it is an affordable place to live. While the median house value in Miami, IN County is $124,700, which is significantly lower than the US average of $338,100, this could be a great opportunity for someone looking for an affordable place to buy a home.