Zip 47203 (Columbus, IN) Cost of Living


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How much do I need to live in Columbus, Indiana?
$3,810 / month
for a family, 29.4% less expensive than the national average A total of $45,720 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

Columbus cost of living score
83.1
Less expensive
16.9% lower
than the US average
0.7% lower
than the Indiana average
Columbus (zip 47203), Indiana gets a BestPlaces Cost of Living score of 83.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.9% lower than the U.S. average and 0.7% higher than the average for Indiana.

Zip 47203 (Columbus, IN)

Housing costs in Columbus?
A typical home costs $237,800, which is 29.7% less expensive than the national average of $338,100 and 7.3% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Columbus costs $920 per month, which is 6.1% cheaper than the national average of $980 and 13.0% cheaper than the state average of $1,040.

Can I afford Columbus?
To live comfortably in Columbus (zip 47203), Indiana, a minimum annual income of $45,720 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Columbus?
The cost of living in 47203 Columbus, IN is quite reasonable. The median home cost is $178,100 and the cost of living index is 88.7, which is 12.3% lower than the national average. In addition, the cost of food and groceries is relatively low; the monthly average for groceries for a family of four in Columbus is about $1000. Other expenses, including utilities like electricity and gas, are also quite affordable compared to other areas throughout Indiana. Overall, the cost of living in 47203 Columbus is very reasonable and makes it an attractive city to live in.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesColumbusIndianaUnited States
    Unlock83.7100.0
  95.5  Unlock100.0
    Unlock94.4100.0
  75.1  Unlock100.0
    Unlock$221,600$338,100
  98.7  Unlock100.0
    Unlock85.4100.0
  102.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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