Housing costs in Carbon?
A typical home costs
$158,600, which is 53.1% less expensive than the national average of
$338,100 and 28.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Carbon 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 Carbon?
To live comfortably in Carbon (zip 47837), Indiana, a minimum annual income of
$30,240 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Carbon?
The cost of living in 47837 Carbon, IN is relatively affordable. According to the most recent data from Best Places, the estimated cost of living index is 78.1, which is 22% lower than the US average. Housing costs are especially low with a median home value of just $75,200 compared to a national average of $217,600. Other essential expenses such as groceries, utilities and health care are also lower than the US average, making this an appealing option for people looking for an affordable place to live in Indiana.