Housing costs in Gary?
A typical home costs
$69,100, which is 79.6% less expensive than the national average of
$338,100 and 68.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Gary costs
$1,080 per month, which is 10.2% more than the national average of
$980 and 29.6% cheaper than the state average of
$1,400.
Can I afford Gary?
To live comfortably in Gary (zip 46409), Indiana, a minimum annual income of
$13,320 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Gary?
The cost of living in Gary, IN 46409 is relatively low compared to most other parts of the country. According to BestPlaces, the cost of living index for Gary is 66.9 which is significantly lower than the national average of 100 and 28% lower than the Indiana state average. The low cost of housing makes Gary an attractive option for those looking to start a family or retire on a budget. Additionally, many goods and services are also available at highly discounted prices due to the competitive market in the area. Overall, living in Gary offers great value with a low cost of living and access to all the amenities one needs for daily life.