Housing costs in Frankfort?
A typical home costs
$159,500, which is 52.8% less expensive than the national average of
$338,100 and 28.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Frankfort costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$980.
Can I afford Frankfort?
To live comfortably in Frankfort (zip 46041), Indiana, a minimum annual income of
$30,600 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Frankfort?
The cost of living in 46041 Frankfort, IN is relatively moderate compared to other areas of the country. Housing costs are quite affordable, with an average one-bedroom apartment costing around $550 per month. The median home value is $139,900 and the median household income is just over $50,000 per year. Groceries and utilities are also reasonable, with the overall cost of living being slightly lower than the national average. Frankfort has a variety of job opportunities available for those looking to move to the area as well as great amenities like parks, restaurants and shopping centers which make it easy to live comfortably in this city.