Housing costs in Burket?
A typical home costs
$113,300, which is 66.5% less expensive than the national average of
$338,100 and 48.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Burket costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 6.5% cheaper than the state average of
$980.
Can I afford Burket?
To live comfortably in Burket (zip 46508), Indiana, a minimum annual income of
$21,600 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Burket?
The cost of living in 46508 Burket, IN is quite reasonable compared to other locations in the area. The median housing cost is $90,400, which is below the national average. The median income for a family of four is estimated to be around $58,917, making the area suitable for families looking to live comfortably without breaking the bank. Utilities are also relatively low with electricity rates at just 8 cents per kWh and natural gas costing residents an average of only $1.32 per therm. Overall, living in 46508 Burket, IN provides residents with cost-effective living without sacrificing quality of life.