Housing costs in Cambridge City?
A typical home costs
$135,500, which is 59.9% less expensive than the national average of
$338,100 and 38.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Cambridge City 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 Cambridge City?
To live comfortably in Cambridge City (zip 47327), Indiana, a minimum annual income of
$25,920 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Cambridge City?
47327 Cambridge City, IN is an affordable place to live with a cost of living that is 6% lower than the national average. Housing costs are particularly competitive, with a median home price of $106,000 and rental prices that are on average 11% lower than other parts of the country. Utilities also tend to be significantly cheaper in the area, with electricity prices coming in at an average of 10% below the U.S. average. Groceries and other everyday goods are typically priced similarly to those found in other parts of Indiana. All in all, 47327 Cambridge City, IN provides an affordable living option for residents looking for good value on their day-to-day expenses.