Housing costs in Bremen?
A typical home costs
$224,300, which is 33.7% less expensive than the national average of
$338,100 and 1.2% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Bremen costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 2.1% cheaper than the state average of
$980.
Can I afford Bremen?
To live comfortably in Bremen (zip 46506), Indiana, a minimum annual income of
$42,840 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Bremen?
The cost of living in 46506 Bremen, IN is fairly low compared to the national average. According to BestPlaces, the cost of living index in Bremen is 78.00, which is 22% lower than the US average. Rent for a one-bedroom apartment in a city center averages around $540 per month, while rent for a one-bedroom outside of the city center averages around $430 per month. Utilities such as electricity, heating and water are also very affordable, with monthly bills averaging around $160 for a single person's home. In addition, food costs are also quite reasonable at an average of $420 per month for groceries and basic necessities. Overall, 46506 Bremen provides an affordable cost of living that offers plenty of opportunity to save money each month.