Zip 46143 (Greenwood, IN) Cost of Living


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Greenwood cost of living score
92.1
Less expensive
7.9% lower
than the US average
10.0% higher
than the Indiana average
Greenwood (zip 46143), Indiana gets a BestPlaces Cost of Living score of 92.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.9% lower than the U.S. average and 10.0% lower than the average for Indiana.

Zip 46143 (Greenwood, IN)

Housing costs in Greenwood?
A typical home costs $293,800, which is 13.1% less expensive than the national average of $338,100 and 32.6% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Greenwood costs $1,140 per month, which is 16.3% more than the national average of $980 and 7.9% more than the state average of $1,050.

Can I afford Greenwood?
To live comfortably in Greenwood (zip 46143), Indiana, a minimum annual income of $56,160 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Greenwood?
The cost of living in 46143 Greenwood, IN is very affordable. The median home value is approximately $180,000, which is well below the national average. Rent and utility costs are also quite reasonable when compared to other areas in the country. Overall, the cost of living in this area is quite reasonable for a family or individual looking to settle down in a peaceful community with easy access to larger cities such as Indianapolis and Louisville.
   Cost of living score
     CategoriesGreenwoodIndianaUnited States
  92.183.7100.0
  95.892.9100
  98.694.4100.0
  88.563.8100.0
  $293,800$221,600$338,100
  95.2%97.2%100.0%
  95.585.4100.0
  105.4102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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