Zip 47921 (Boswell, IN) Cost of Living


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How much do I need to live in Boswell, Indiana?
$1,980 / month
for a family, 63.3% less expensive than the national average A total of $23,760 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Boswell cost of living score
76.2
Less expensive
23.8% lower
than the US average
9.0% lower
than the Indiana average
Boswell (zip 47921), Indiana gets a BestPlaces Cost of Living score of 76.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.8% lower than the U.S. average and 9.0% higher than the average for Indiana.

Zip 47921 (Boswell, IN)

Housing costs in Boswell?
A typical home costs $123,100, which is 63.6% less expensive than the national average of $338,100 and 44.4% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Boswell costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 7.7% cheaper than the state average of $980.

Can I afford Boswell?
To live comfortably in Boswell (zip 47921), Indiana, a minimum annual income of $23,760 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Boswell?
The cost of living in 47921 Boswell, IN is quite affordable compared to other parts of the country. The median home value is around $80,300, which is much lower than the national average and provides plenty of opportunities for individuals or families looking to buy a home. Renters will be pleased to know that the median rent price for the area is also quite affordable at just $636 per month. Additionally, transportation costs are kept low thanks to well-maintained roads and relatively low gas prices. Overall, Boswell offers an excellent balance between affordability and quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBoswellIndianaUnited States
    Unlock83.7100.0
  90.0  Unlock100.0
    Unlock94.4100.0
  24.8  Unlock100.0
    Unlock$221,600$338,100
  102.5  Unlock100.0
    Unlock85.4100.0
  98.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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