Housing costs in Bedford?
A typical home costs
$177,500, which is 47.5% less expensive than the national average of
$338,100 and 19.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Bedford costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 14.0% cheaper than the state average of
$980.
Can I afford Bedford?
To live comfortably in Bedford Indi Metro Area, Indiana, a minimum annual income of
$33,840 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Bedford?
The cost of living in the Bedford, IN Metro Area is significantly lower than the US average. At 75.4, it is a full 24.6 points lower than the US average of 100. This means that residents of Bedford can enjoy a much lower cost of living than other parts of the US and have more disposable income to spend on other items or services. This low cost of living also translates into a much lower house median value than the US average, which is currently $177,500 compared to $338,100 nationwide.