Housing costs in Clay City?
A typical home costs
$128,200, which is 62.1% less expensive than the national average of
$338,100 and 42.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Clay City costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Clay City?
To live comfortably in Clay City (zip 47841), Indiana, a minimum annual income of
$24,480 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Clay City?
The cost of living in 47841 Clay City, IN is relatively low compared to the national average. According to Cost of Living Index Data, the overall index rate for Clay City is 79.2, which is 21.8% lower than the national average. As a result, residents of Clay City can expect to pay significantly less for goods and services than those living elsewhere in the United States. Additionally, rent prices are particularly low with a median price of $579 per month for a one bedroom apartment or house. In addition to these already low rates, Clay City residents can also benefit from other local discounts and savings that may be available in the area.