Housing costs in Indianapolis?
A typical home costs
$171,600, which is 49.2% less expensive than the national average of
$338,100 and 22.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Indianapolis costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Indianapolis?
To live comfortably in Indianapolis (zip 46219), Indiana, a minimum annual income of
$32,760 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Indianapolis?
The cost of living in 46219 Indianapolis, IN is relatively low compared to many other cities across the United States. According to a recent survey conducted by the Council for Community and Economic Research, 46219 had a cost of living index of 89.8, which is lower than the national average. The median home price in this zip code area is $146,800 and there are plenty of affordable housing options available for those looking to purchase a home. Groceries, healthcare services, and transportation costs are all quite reasonable as well, making it easy for residents to stick to their budget. All in all, 46219 Indianapolis offers residents an excellent quality of life without breaking the bank.