
Housing costs in Shelby?
A typical home costs
$211,900, which is 37.3% less expensive than the national average of
$338,100 and 4.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Shelby costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 8.4% more than the state average of
$980.
Can I afford Shelby?
To live comfortably in Shelby Indi County, Indiana, a minimum annual income of
$40,680 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Shelby?
The cost of living in Shelby, IN County is 82.3, which is much lower than the US average of 100. This means that Shelby residents are able to enjoy a higher quality of life for less money than what people in other parts of the country typically pay. The median house value in Shelby County is also significantly lower at $211,900 compared to the national average of $338,100. This makes it an attractive destination for those looking for an affordable place to live and work.