Housing costs in Beech Grove?
A typical home costs
$176,000, which is 47.9% less expensive than the national average of
$338,100 and 20.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Beech Grove costs
$940 per month, which is 4.1% cheaper than the national average of
$980 and 11.7% cheaper than the state average of
$1,050.
Can I afford Beech Grove?
To live comfortably in Beech Grove (zip 46107), Indiana, a minimum annual income of
$33,840 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Beech Grove?
The cost of living in 46107 Beech Grove, IN is relatively low compared to other areas. The median home cost in Beech Grove is around $82,800, which is significantly lower than the national average of $184,700. Additionally, transportation costs are also low due to the area’s close proximity to major highways and airports. Utility prices are also competitive, with electricity costing an average of 11 cents per kWh and natural gas at around $1.27 per therm. Groceries tend to be a bit higher than the national average, but overall Beech Grove remains an affordable place to live.