Housing costs in Indiana?
A typical home costs
$221,600, which is 34.5% less expensive than the national average of
$338,100 and 0.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Indiana costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Indiana?
To live comfortably in Indiana, a minimum annual income of
$42,480 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Indiana?
The cost of living in Indiana State is generally quite reasonable. Goods and services are typically less expensive than the national average, making it an attractive place to live for those on a budget. Groceries, transportation costs, and utility bills tend to be lower than most places in the United States. Additionally, housing costs in Indiana State are relatively low and there are numerous affordable neighborhoods throughout the state. Renters can find great deals on apartments in cities like Indianapolis, Fort Wayne, and South Bend. Homeowners will also find that home prices are below the national average. Overall, Indiana State offers a great quality of life at an affordable price point.