Zip 47106 (Borden, IN) Cost of Living


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How much do I need to live in Borden, Indiana?
$4,050 / month
for a family, 25.0% less expensive than the national average A total of $48,600 for the year for a family.
$2,900 / month
for a single person, 39.2% less expensive than the national average A total of $34,800 for the year for a single person.

Borden cost of living score
87.5
Less expensive
12.5% lower
than the US average
4.5% higher
than the Indiana average
Borden (zip 47106), Indiana gets a BestPlaces Cost of Living score of 87.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.5% lower than the U.S. average and 4.5% lower than the average for Indiana.

Zip 47106 (Borden, IN)

Housing costs in Borden?
A typical home costs $252,800, which is 25.2% less expensive than the national average of $338,100 and 14.1% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Borden costs $1,040 per month, which is 27.3% cheaper than the national average of $1,430 and 5.8% more than the state average of $980.

Can I afford Borden?
To live comfortably in Borden (zip 47106), Indiana, a minimum annual income of $48,600 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Borden?
The cost of living in 47106 Borden, IN is affordable. The city offers a range of housing options, from single-family homes and apartments to larger, more modern developments. Property taxes are lower than the national average and groceries tend to be reasonably priced. There are plenty of grocery stores within a short drive, as well as other local businesses that cater to the community's needs. Utilities prices tend to be on par with the rest of Indiana and transportation costs are relatively low compared to nearby cities. Overall, 47106 Borden has an affordable cost of living that appeals to many people looking for a place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBordenIndianaUnited States
    Unlock83.7100.0
  96.7  Unlock100.0
    Unlock94.4100.0
  74.8  Unlock100.0
    Unlock$221,600$338,100
  95.6  Unlock100.0
    Unlock85.4100.0
  88.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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