Housing costs in Dana?
A typical home costs
$118,400, which is 65.0% less expensive than the national average of
$338,100 and 46.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Dana costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$980.
Can I afford Dana?
To live comfortably in Dana (zip 47847), Indiana, a minimum annual income of
$22,680 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Dana?
The cost of living in 47847 Dana, IN is relatively low compared to other parts of the country. The median home value is around $84,400 and the median household income is around $42,843. The average rent for a one-bedroom apartment is approximately $529. Groceries and utilities are also reasonably priced in this area, with the average cost of groceries being around $349 per month and utilities averaging about $137 per month. Additionally, taxes are relatively low, with an effective overall rate of 7%. All in all, Dana offers its residents a great quality of life at an affordable price.