Zip 47122 (Georgetown, IN) Cost of Living


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How much do I need to live in Georgetown, Indiana?
$4,410 / month
for a family, 18.3% less expensive than the national average A total of $52,920 for the year for a family.
$2,700 / month
for a single person, 43.4% less expensive than the national average A total of $32,400 for the year for a single person.

Georgetown cost of living score
89.1
Less expensive
10.9% lower
than the US average
6.5% higher
than the Indiana average
Georgetown (zip 47122), Indiana gets a BestPlaces Cost of Living score of 89.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.9% lower than the U.S. average and 6.5% lower than the average for Indiana.

Zip 47122 (Georgetown, IN)

Housing costs in Georgetown?
A typical home costs $276,000, which is 18.4% less expensive than the national average of $338,100 and 24.5% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Georgetown costs $970 per month, which is 32.2% cheaper than the national average of $1,430 and close to the state average of $980.

Can I afford Georgetown?
To live comfortably in Georgetown (zip 47122), Indiana, a minimum annual income of $52,920 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Georgetown?
The cost of living in Georgetown, IN 47122 is quite reasonable. Housing costs are lower than the national average, with the median home costing around $88,000. The cost of groceries and other essentials are also lower than the national average. The area has plenty of amenities and recreational activities to choose from, making it a great place to live for those looking for an affordable lifestyle. Healthcare costs are also significantly lower than many other areas in the country, providing residents access to quality care at an affordable rate. All in all, the cost of living in Georgetown, IN 47122 is very reasonable and can provide a great quality of life for those looking to move there.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGeorgetownIndianaUnited States
    Unlock83.7100.0
  99.0  Unlock100.0
    Unlock94.4100.0
  89.9  Unlock100.0
    Unlock$221,600$338,100
  95.6  Unlock100.0
    Unlock85.4100.0
  89.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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