Housing costs in Bedford?
A typical home costs
$172,300, which is 49.0% less expensive than the national average of
$338,100 and 22.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Bedford costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 22.2% more than the state average of
$980.
Can I afford Bedford?
To live comfortably in Bedford (zip 47421), Indiana, a minimum annual income of
$33,120 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Bedford?
The cost of living in 47421 Bedford, IN is quite reasonable compared to other parts of the country. The median home price in this area is around $119,000, which is much lower than the national median home price of $219,000. Additionally, rent in 47421 Bedford, IN averages around $480 per month—well below the U.S. average of $950 per month. Furthermore, groceries and other essential items are quite affordable here as well. All in all, 47421 Bedford, IN offers a great quality of life at an affordable cost.