Zip 47401 (Bloomington, IN) Cost of Living

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United States / Indiana / Bloomington Metro Area / Monroe County / No City / Bloomington (zip 47401)

Bloomington cost of living score
Less expensive
11.2% lower
than the US average
6.1% higher
than the Indiana average
Bloomington (zip 47401), Indiana gets a BestPlaces Cost of Living score of 88.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.2% lower than the U.S. average and 6.1% lower than the average for Indiana.

Zip 47401 (Bloomington, IN)

Housing costs in Bloomington?
A typical home costs $341,300, which is 0.9% more expensive than the national average of $338,100 and 54.0% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Bloomington costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 16.2% more than the state average of $980.

Can I afford Bloomington?
To live comfortably in Bloomington (zip 47401), Indiana, a minimum annual income of $65,520 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Bloomington?
The cost of living in 47401 Bloomington, IN is quite reasonable. The median home value is around $179,000, and the median rent price is roughly $870 per month. The overall cost of living is 6.5% lower than the national average, which makes Bloomington an attractive option for anyone looking to live in a beautiful city at an affordable rate. Additionally, utilities such as electricity and water are quite inexpensive compared to other cities in the United States.
   Cost of living score
     CategoriesBloomingtonIndianaUnited States

   100=National Average

   Average Rent by Bedroom Size