Housing costs in Glenwood?
A typical home costs
$158,300, which is 53.2% less expensive than the national average of
$338,100 and 28.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Glenwood costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 6.5% cheaper than the state average of
$980.
Can I afford Glenwood?
To live comfortably in Glenwood (zip 46133), Indiana, a minimum annual income of
$30,240 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Glenwood?
The cost of living in 46133 Glenwood, IN is quite affordable compared to other parts of the country. The median home price sits at around $106,000 and the median household income is just over $47,000. Utilities are also very reasonable, with electricity rates about 8% below the national average. Additionally, groceries and healthcare costs are significantly lower here as well. All these factors make living in Glenwood a desirable option for those looking for an affordable place to call home.