Housing costs in Freetown?
A typical home costs
$197,900, which is 41.5% less expensive than the national average of
$338,100 and 10.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Freetown costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 4.9% more than the state average of
$980.
Can I afford Freetown?
To live comfortably in Freetown (zip 47235), Indiana, a minimum annual income of
$37,800 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Freetown?
The cost of living in 47235 Freetown, IN is quite affordable. According to BestPlaces, the cost of living index is 79 out of 100, which is lower than the national average. Housing costs are well below the national average, with a median home value of around $99,000 and the median rent being approximately $775 per month. Transportation costs are also low due to the village’s close proximity to larger cities like Indianapolis and Louisville. Groceries are about average for a rural area and utilities tend to be on the lower side as well. All in all, 47235 Freetown, IN is an affordable place to live with plenty of opportunities for growth.