Zip 47111 (Charlestown, IN) Cost of Living


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Charlestown cost of living score
87.5
Less expensive
12.5% lower
than the US average
4.5% higher
than the Indiana average
Charlestown (zip 47111), Indiana gets a BestPlaces Cost of Living score of 87.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.5% lower than the U.S. average and 4.5% lower than the average for Indiana.

Zip 47111 (Charlestown, IN)

Housing costs in Charlestown?
A typical home costs $251,500, which is 25.6% less expensive than the national average of $338,100 and 13.5% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Charlestown 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 Charlestown?
To live comfortably in Charlestown (zip 47111), Indiana, a minimum annual income of $48,240 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Charlestown?
The cost of living in 47111 Charlestown, IN is fairly low compared to most cities and towns throughout the United States. Median home prices are significantly lower than the national average, and rental prices for a one-bedroom apartment tend to be quite affordable. Groceries, healthcare services, and general goods are also cost effective when compared with other areas. Overall, living in 47111 Charlestown, IN can be quite affordable for those looking for an affordable place to live.
   Cost of living score
     CategoriesCharlestownIndianaUnited States
  87.583.7100.0
  95.392.9100
  90.394.4100.0
  76.363.8100.0
  $251,500$221,600$338,100
  99.6%97.2%100.0%
  98.385.4100.0
  88.5102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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