Zip 46738 (Garrett, IN) Cost of Living


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United States / Indiana / Auburn Metro Area / DeKalb County / No City / Garrett (zip 46738)
How much do I need to live in Garrett, Indiana?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Garrett cost of living score
78
Less expensive
22.0% lower
than the US average
6.8% lower
than the Indiana average
Garrett (zip 46738), Indiana gets a BestPlaces Cost of Living score of 78, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.0% lower than the U.S. average and 6.8% higher than the average for Indiana.

Zip 46738 (Garrett, IN)

Housing costs in Garrett?
A typical home costs $151,800, which is 55.1% less expensive than the national average of $338,100 and 31.5% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Garrett costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 21.0% cheaper than the state average of $980.

Can I afford Garrett?
To live comfortably in Garrett (zip 46738), Indiana, a minimum annual income of $29,160 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Garrett?
The cost of living in 46738 Garrett, IN is relatively low compared to larger cities. The median home price is around $66,000 and the median rental rate for a two-bedroom apartment is approximately $550 per month. Property taxes are moderately priced and utilities are relatively inexpensive. Not only that, but groceries are also reasonably priced within the community. All in all, Garrett offers an affordable cost of living with plenty of nearby amenities and attractions to enjoy.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGarrettIndianaUnited States
    Unlock83.7100.0
  90.7  Unlock100.0
    Unlock94.4100.0
  41.9  Unlock100.0
    Unlock$221,600$338,100
  90.6  Unlock100.0
    Unlock85.4100.0
  82.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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