Zip 47420 (Avoca, IN) Cost of Living


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Avoca cost of living score
75.6
Less expensive
24.4% lower
than the US average
9.7% lower
than the Indiana average
Avoca (zip 47420), Indiana gets a BestPlaces Cost of Living score of 75.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.4% lower than the U.S. average and 9.7% higher than the average for Indiana.

Zip 47420 (Avoca, IN)

Housing costs in Avoca?
A typical home costs $108,800, which is 67.8% less expensive than the national average of $338,100 and 50.9% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Avoca costs $860 per month, which is 12.2% cheaper than the national average of $980 and close to the state average of $860.

Can I afford Avoca?
To live comfortably in Avoca (zip 47420), Indiana, a minimum annual income of $20,880 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Avoca?
Avoca, IN is an affordable place to live. The median home cost in the 47420 zip code is $95,800, which is much lower than the national average of $179,900. The cost of living in Avoca is also quite low compared to other parts of the state and country due to low taxes and inexpensive housing. Utilities are reasonable as well, with electric bills averaging just over $100 per month. Groceries and other household expenses are also relatively inexpensive when compared to the national average. Overall, Avoca offers a great quality of life at an affordable price.
   Cost of living score
     CategoriesAvocaIndianaUnited States
  75.683.7100.0
  91.192.9100
  98.594.4100.0
  24.663.8100.0
  $108,800$221,600$338,100
  108.7%97.2%100.0%
  74.885.4100.0
  75.2102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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