Housing costs in Fairland?
A typical home costs
$229,100, which is 32.2% less expensive than the national average of
$338,100 and 3.4% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Fairland 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 Fairland?
To live comfortably in Fairland (zip 46126), Indiana, a minimum annual income of
$43,920 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Fairland?
The cost of living in Fairland, IN 46126 is relatively low compared to other parts of the country. The median home value in the area is around $85,800, which is significantly lower than the national average of $184,700. Renting a one bedroom apartment in Fairland costs an average of $548 per month, and groceries are generally affordable with prices that are generally lower than the national average. Utilities are also very affordable; electricity averages $121 a month while natural gas averages just $38 a month. Despite the low cost of living in Fairland, the area still offers plenty of amenities and activities for residents to enjoy.