Zip 47345 (Greens Fork, IN) Cost of Living


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United States / Indiana / Richmond Metro Area / Wayne County / No City / Greens Fork (zip 47345)
How much do I need to live in Greens Fork, Indiana?
$2,820 / month
for a family, 47.8% less expensive than the national average A total of $33,840 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

Greens Fork cost of living score
70.6
Less expensive
29.4% lower
than the US average
15.7% lower
than the Indiana average
Greens Fork (zip 47345), Indiana gets a BestPlaces Cost of Living score of 70.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.4% lower than the U.S. average and 15.7% higher than the average for Indiana.

Zip 47345 (Greens Fork, IN)

Housing costs in Greens Fork?
A typical home costs $176,100, which is 47.9% less expensive than the national average of $338,100 and 20.5% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Greens Fork costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 19.5% cheaper than the state average of $980.

Can I afford Greens Fork?
To live comfortably in Greens Fork (zip 47345), Indiana, a minimum annual income of $33,840 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Greens Fork?
The cost of living in 47345 Greens Fork, IN is relatively low compared to other areas of the country. The median home value in this area is $101,000 which is quite affordable for a small town. Groceries and other basic necessities are also reasonably priced with an index score of about 87.2, which is much lower than the national average. This makes it an ideal place to live if you're looking for a low-cost option. Additionally, there are no state income taxes in Indiana so residents here get to keep more of their hard-earned money. Overall, 47345 Greens Fork, IN is a great place to live due to its affordability and low cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGreens ForkIndianaUnited States
    Unlock83.7100.0
  91.5  Unlock100.0
    Unlock94.4100.0
  52.7  Unlock100.0
    Unlock$221,600$338,100
  96.2  Unlock100.0
    Unlock85.4100.0
  73.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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