Housing costs in Mount Ayr?
A typical home costs
$95,700, which is 71.7% less expensive than the national average of
$338,100 and 56.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Mount Ayr costs
$810 per month, which is 17.3% cheaper than the national average of
$980 and 72.8% cheaper than the state average of
$1,400.
Can I afford Mount Ayr?
To live comfortably in Mount Ayr (zip 47964), Indiana, a minimum annual income of
$18,360 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Mount Ayr?
Mount Ayr, IN (47964) is an affordable place to live. The cost of living in Mount Ayr is 6.6% lower than the national average, making it a great option for those looking to stretch their budget. The median home value in Mount Ayr is $75,100, which is 17.2% lower than the Indiana average and 23.7% lower than the national average. Additionally, transportation costs are also below the national average due to the low cost of gas and other vehicle-related expenses. Renting an apartment in the city has a median price of $543 per month, which is 11.3% lower than the state average and 17.4% lower than the national average. Groceries and health care costs are also slightly lower than both state and national averages, making living in Mount Ayr a great choice for those looking for an affordable lifestyle with all of life’s necessities still within reach.