Housing costs in Decatur?
A typical home costs
$194,200, which is 42.6% less expensive than the national average of
$338,100 and 12.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Decatur 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 Decatur?
To live comfortably in Decatur Indi Metro Area, Indiana, a minimum annual income of
$37,080 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Decatur?
The cost of living in the Decatur, IN Metro Area is significantly lower than the US average. With the house median value being at $194200, this area offers an affordable and attractive option for potential residents in comparison to other places. According to Cost of Living Index (COLI), Decatur has a COLI score of 77.2 which is much less than the US average of 100. This lower cost of living may encourage people to move to the Decatur Metro Area due to its relatively low housing prices and overall cost of living.