Housing costs in Bourbon?
A typical home costs
$178,500, which is 47.2% less expensive than the national average of
$338,100 and 19.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Bourbon costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Bourbon?
To live comfortably in Bourbon (zip 46504), Indiana, a minimum annual income of
$34,200 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Bourbon?
The cost of living in 46504 Bourbon, IN is fairly affordable compared to other places in the United States. Rent can range from around $500 for a one-bedroom apartment to more than $1,000 for a larger home. The median household income is just under $50,000 and the median home value is just above $80,000. Groceries are generally very affordable and the overall cost of living is below the national average. The area also offers excellent public transportation options as well as numerous outdoor activities such as hiking trails and fishing spots. All of these factors make it an ideal place to live if you're looking for an affordable lifestyle without sacrificing quality of life.