Housing costs in Hagerstown?
A typical home costs
$166,300, which is 50.8% less expensive than the national average of
$338,100 and 25.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Hagerstown costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Hagerstown?
To live comfortably in Hagerstown (zip 47346), Indiana, a minimum annual income of
$32,040 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Hagerstown?
The cost of living in 47346 Hagerstown, IN is relatively low. The median home value is around $103,400, and the median rent comes in at just under $800 per month. On top of this, groceries, utilities, and other miscellaneous expenses are all much lower than the national average. This makes living in Hagerstown quite affordable for residents looking to save money or just enjoy a slightly slower pace of life. In addition, employment opportunities are plentiful and local businesses offer competitive wages. All in all, the cost of living in 47346 Hagerstown is fairly low compared to other parts of the country.