Housing costs in Elizabethtown?
A typical home costs
$233,500, which is 30.9% less expensive than the national average of
$338,100 and 5.4% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Elizabethtown costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% more than the state average of
$980.
Can I afford Elizabethtown?
To live comfortably in Elizabethtown (zip 47232), Indiana, a minimum annual income of
$44,640 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Elizabethtown?
The cost of living in Elizabethtown, IN (47232) is relatively affordable compared to other parts of the country. According to Best Places, the cost of living index for Elizabethtown is 79.7, which is 20.3% lower than the U.S. average of 100. This makes it a great place for those looking to save on the cost of living without sacrificing on amenities or quality of life. Housing costs are especially low in this area, with median home values at $119,800—nearly half of the national average—and monthly rents averaging only around $700. Eating out and grocery shopping won’t break the bank either, with meals costing just slightly above the national average and food prices 8% lower than US standards. All things considered, Elizabethtown offers an economical balance for anyone looking to settle down while still enjoying their lifestyle without breaking their budget too much.