Zip 47331 (Connersville, IN) Cost of Living


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Connersville cost of living score
71.5
Less expensive
28.5% lower
than the US average
14.6% lower
than the Indiana average
Connersville (zip 47331), Indiana gets a BestPlaces Cost of Living score of 71.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.5% lower than the U.S. average and 14.6% higher than the average for Indiana.

Zip 47331 (Connersville, IN)

Housing costs in Connersville?
A typical home costs $131,600, which is 61.1% less expensive than the national average of $338,100 and 40.6% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Connersville costs $900 per month, which is 8.2% cheaper than the national average of $980 and 6.7% more than the state average of $840.

Can I afford Connersville?
To live comfortably in Connersville (zip 47331), Indiana, a minimum annual income of $25,200 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Connersville?
The cost of living in 47331 Connersville, IN is quite affordable compared to other places in the country. According to Sperling's Best Places, the overall cost of living index for this area is 79.2, which is lower than the national average of 100. The median household income is well below the national average at just over $37,000 and housing costs are also lower with a median value of $88,100 and monthly rent hovering around $650. Groceries and utilities are also slightly below the national average making it a great option for those looking for value in their cost of living.
   Cost of living score
     CategoriesConnersvilleIndianaUnited States
  71.583.7100.0
  90.692.9100
  94.694.4100.0
  29.363.8100.0
  $131,600$221,600$338,100
  96.3%97.2%100.0%
  78.485.4100.0
  75.4102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime