Housing costs in Indianapolis-Carmel-Anderson?
A typical home costs
$263,900, which is 21.9% less expensive than the national average of
$338,100 and 19.1% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Indianapolis-Carmel-Anderson costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 6.7% more than the state average of
$980.
Can I afford Indianapolis-Carmel-Anderson?
To live comfortably in Indianapolis-Carmel-Anderson Indi Metro Area, Indiana, a minimum annual income of
$50,400 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Indianapolis-Carmel-Anderson?
The cost of living in the Indianapolis-Carmel-Anderson, IN Metro Area is 90.2, which is significantly lower than the US average cost of living of 100. This indicates that the region is relatively affordable compared to other places in America. Additionally, the median house value in this area is $263,900 - again considerably lower than the US average house value of $338,100. All things considered, Indianapolis-Carmel-Anderson appears to be a great place to live for those looking for an inexpensive and comfortable lifestyle.