Housing costs in Clayton?
A typical home costs
$273,700, which is 19.0% less expensive than the national average of
$338,100 and 23.5% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Clayton costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 6.7% more than the state average of
$980.
Can I afford Clayton?
To live comfortably in Clayton (zip 46118), Indiana, a minimum annual income of
$52,560 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Clayton?
The cost of living in 46118 Clayton, IN is relatively low compared to other parts of the country. The median home value is $118,400, which is much lower than the US median home value of $231,200. Renters typically pay between around $650 to $900 a month for a one-bedroom apartment or house. Property taxes are also fairly low with an average rate of 1.07%. Utility costs also tend to be lower than the national average and average around $90 per month. Overall, this makes 46118 Clayton, IN an affordable place to live.