Housing costs in Muncie?
A typical home costs
$76,200, which is 77.5% less expensive than the national average of
$338,100 and 68.5% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Muncie costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 31.3% cheaper than the state average of
$1,260.
Can I afford Muncie?
To live comfortably in Muncie (zip 61857), Illinois, a minimum annual income of
$14,760 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Muncie?
The cost of living in 61857 Muncie, IL is quite affordable. According to BestPlaces, the overall cost of living index in Muncie is 81.86, which is significantly lower than the US average of 100. This indicates that basic groceries and utilities are significantly cheaper in this area than they would be in other parts of the country. Furthermore, housing prices in Muncie are also relatively affordable when compared to other cities and towns across the nation. The median home value for a two-bedroom home is approximately $122,300, while the median rental price for a two-bedroom apartment is around $750/month, making it a great place to live if you're looking for affordability without sacrificing quality.