Zip 46740 (Geneva, IN) Cost of Living


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United States / Indiana / Decatur Metro Area / Adams County / No City / Geneva (zip 46740)
How much do I need to live in Geneva, Indiana?
$2,940 / month
for a family, 45.6% less expensive than the national average A total of $35,280 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Geneva cost of living score
77.1
Less expensive
22.9% lower
than the US average
7.9% lower
than the Indiana average
Geneva (zip 46740), Indiana gets a BestPlaces Cost of Living score of 77.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.9% lower than the U.S. average and 7.9% higher than the average for Indiana.

Zip 46740 (Geneva, IN)

Housing costs in Geneva?
A typical home costs $184,100, which is 45.5% less expensive than the national average of $338,100 and 16.9% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Geneva 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 Geneva?
To live comfortably in Geneva (zip 46740), Indiana, a minimum annual income of $35,280 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Geneva?
The cost of living in Geneva, IN 46740 is quite affordable. According to the most recent livability index, the area has a score of 74 out of 100 which is considered \Very Livable\. This means that Geneva offers its residents access to a variety of amenities and activities while keeping costs relatively low relative to other areas across the country. The current median house price for 46740 Geneva is $90,400, which is lower than the state median house price of $126,800. In addition, utilities are affordable and groceries are reasonably priced when compared to national averages. All in all, Geneva provides an excellent environment for those looking to settle down without breaking their budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGenevaIndianaUnited States
    Unlock83.7100.0
  90.5  Unlock100.0
    Unlock94.4100.0
  57.6  Unlock100.0
    Unlock$221,600$338,100
  99.3  Unlock100.0
    Unlock85.4100.0
  86.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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