Housing costs in North Manchester?
A typical home costs
$154,900, which is 54.2% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in North Manchester costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$980.
Can I afford North Manchester?
To live comfortably in North Manchester (zip 46962), Indiana, a minimum annual income of
$29,520 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about North Manchester?
The cost of living in 46962 North Manchester, IN is relatively low. The median home value is $65,766 and the median rent is only $607 per month. Utility costs are also quite reasonable in this area. According to the United States Census Bureau, the average electricity costs are around $108 a month while natural gas runs around $45 a month. Groceries and other items are generally inexpensive as well, with items being at or below the national average cost. With such affordable housing, utilities, and groceries, this city offers residents an economical way to live.