Housing costs in Michigan City-La Porte?
A typical home costs
$211,400, which is 37.5% less expensive than the national average of
$338,100 and 4.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Michigan City-La Porte costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 4.3% cheaper than the state average of
$980.
Can I afford Michigan City-La Porte?
To live comfortably in Michigan City-La Porte Indi Metro Area, Indiana, a minimum annual income of
$40,680 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Michigan City-La Porte?
Living in the Michigan City-La Porte, IN Metro Area is much more affordable than the national average. The median value of homes in this area is $211,400, which is significantly lower than the US average of $338,100. Likewise, the cost of living in this area is 81.6 which is 19.4 points lower than the national average cost of living score of 100. This makes it a great place to live for those looking for a more affordable lifestyle without sacrificing quality.