Housing costs in Marion?
A typical home costs
$117,700, which is 65.2% less expensive than the national average of
$338,100 and 46.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Marion 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 Marion?
To live comfortably in Marion Indi Metro Area, Indiana, a minimum annual income of
$22,680 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Marion?
The cost of living in Marion, IN Metro Area is quite low compared to the US average. At 68.6, it is more than 30 points lower than the national average of 100. This makes it an attractive option for those looking for affordability in their housing and general day-to-day expenses. The median house value in this area is also significantly lower than the US average at $117,700, which further solidifies its appeal as a cost-effective option for potential homebuyers.