Zip 46216 (Lawrence, IN) Cost of Living


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Lawrence cost of living score
85.7
Less expensive
14.3% lower
than the US average
2.4% higher
than the Indiana average
Lawrence (zip 46216), Indiana gets a BestPlaces Cost of Living score of 85.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.3% lower than the U.S. average and 2.4% lower than the average for Indiana.

Zip 46216 (Lawrence, IN)

Housing costs in Lawrence?
A typical home costs $285,600, which is 15.5% less expensive than the national average of $338,100 and 28.9% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Lawrence costs $1,170 per month, which is 19.4% more than the national average of $980 and 10.3% more than the state average of $1,050.

Can I afford Lawrence?
To live comfortably in Lawrence (zip 46216), Indiana, a minimum annual income of $54,720 for a family, and $39,600 for a single person is recommended.

What does A.I. say about Lawrence?
The cost of living in Lawrence, IN 46216 is relatively low compared to other cities and states. housing costs are below the national average, with a median cost of $125,800 for all housing types. Utilities are also below the national average, which makes it an affordable place to live. Groceries and transportation are both very affordable as well. All in all, Lawrence is a great place to live with its low cost of living and great amenities.
   Cost of living score
     CategoriesLawrenceIndianaUnited States
  85.783.7100.0
  9592.9100
  100.394.4100.0
  80.263.8100.0
  $285,600$221,600$338,100
  89.2%97.2%100.0%
  91.185.4100.0
  103.2102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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