Housing costs in Williamsburg?
A typical home costs
$182,000, which is 46.2% less expensive than the national average of
$338,100 and 17.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Williamsburg costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Williamsburg?
To live comfortably in Williamsburg (zip 47393), Indiana, a minimum annual income of
$34,920 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Williamsburg?
The cost of living in 47393 Williamsburg, IN is relatively low. According to BestPlaces.net, the cost of living index for this area is 76.2 (the U.S. average is 100). This means that overall, goods and services cost 24% less than the national average in Williamsburg. In terms of housing costs specifically, the median home value here is $62,400, which is far below the national average of $184,700. Renters in Williamsburg pay an average monthly rent of $547, which is much lower than the national average of $949/month. Overall, living in 47393 Williamsburg provides a low cost of living that can be beneficial for families looking to save money on monthly expenses.