Zip 47930 (Clarks Hill, IN) Cost of Living


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How much do I need to live in Clarks Hill, Indiana?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Clarks Hill cost of living score
83.5
Less expensive
16.5% lower
than the US average
0.2% lower
than the Indiana average
Clarks Hill (zip 47930), Indiana gets a BestPlaces Cost of Living score of 83.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.5% lower than the U.S. average and 0.2% higher than the average for Indiana.

Zip 47930 (Clarks Hill, IN)

Housing costs in Clarks Hill?
A typical home costs $185,400, which is 45.2% less expensive than the national average of $338,100 and 16.3% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Clarks Hill 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 Clarks Hill?
To live comfortably in Clarks Hill (zip 47930), Indiana, a minimum annual income of $35,640 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Clarks Hill?
The cost of living in 47930 Clarks Hill, IN is quite affordable. The median home value is $90,800, which is lower than the national average and lower than the Indiana state average. In addition, the overall cost of living index in the area is 86.3, which is 14.7 percent lower than the national average. This low cost of living makes this area a great place to live for those looking for an inexpensive lifestyle. Groceries, healthcare costs, and housing are all relatively low compared to other parts of the country, making it great for those who are looking to save money while still getting a good quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesClarks HillIndianaUnited States
    Unlock83.7100.0
  93.3  Unlock100.0
    Unlock94.4100.0
  61.1  Unlock100.0
    Unlock$221,600$338,100
  99.5  Unlock100.0
    Unlock85.4100.0
  101.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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