Housing costs in Peru?
A typical home costs
$124,700, which is 63.1% less expensive than the national average of
$338,100 and 43.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Peru 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 Peru?
To live comfortably in Peru Indi Metro Area, Indiana, a minimum annual income of
$23,760 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Peru?
The cost of living in the Peru, IN Metro Area is quite affordable compared to the national average. The cost of living index for Peru, IN Metro Area is 71.4, much lower than the US average of 100. This means that the area has a relatively low cost of goods and services making it an attractive place to live for those on a budget. This affordability also applies to housing with the median house value in Peru, IN Metro Area being $124700, significantly lower than the US average of $338100.