Zip 47324 (Boston, IN) Cost of Living


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How much do I need to live in Boston, Indiana?
$1,260 / month
for a family, 76.7% less expensive than the national average A total of $15,120 for the year for a family.
$1,867 / month
for a single person, 60.8% less expensive than the national average A total of $22,400 for the year for a single person.

Boston cost of living score
70.6
Less expensive
29.4% lower
than the US average
15.7% lower
than the Indiana average
Boston (zip 47324), Indiana gets a BestPlaces Cost of Living score of 70.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.4% lower than the U.S. average and 15.7% higher than the average for Indiana.

Zip 47324 (Boston, IN)

Housing costs in Boston?
A typical home costs $79,200, which is 76.6% less expensive than the national average of $338,100 and 64.3% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Boston costs $730 per month, which is 25.5% cheaper than the national average of $980 and 15.1% cheaper than the state average of $840.

Can I afford Boston?
To live comfortably in Boston (zip 47324), Indiana, a minimum annual income of $15,120 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Boston?
The cost of living in 47324 Boston, IN is very reasonable. The overall cost of living index for the area is 81.8, which is lower than the national average of 100. The median home price in the area is just $84,400, making it one of the most affordable areas to live in Indiana. Utilities are also relatively inexpensive compared to other areas in the state. Groceries and transportation costs in 47324 are about average for the rest of Indiana, making it an ideal place to relocate or raise a family without having to worry about expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBostonIndianaUnited States
    Unlock83.7100.0
  91.6  Unlock100.0
    Unlock94.4100.0
  28.0  Unlock100.0
    Unlock$221,600$338,100
  97.4  Unlock100.0
    Unlock85.4100.0
  73.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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