Zip 47344 (Greensboro, IN) Cost of Living


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United States / Indiana / New Castle Metro Area / Henry County / No City / Greensboro (zip 47344)
How much do I need to live in Greensboro, Indiana?
$1,740 / month
for a family, 67.8% less expensive than the national average A total of $20,880 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Greensboro cost of living score
72.8
Less expensive
27.2% lower
than the US average
13.0% lower
than the Indiana average
Greensboro (zip 47344), Indiana gets a BestPlaces Cost of Living score of 72.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.2% lower than the U.S. average and 13.0% higher than the average for Indiana.

Zip 47344 (Greensboro, IN)

Housing costs in Greensboro?
A typical home costs $109,400, which is 67.6% less expensive than the national average of $338,100 and 50.6% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Greensboro 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 Greensboro?
To live comfortably in Greensboro (zip 47344), Indiana, a minimum annual income of $20,880 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Greensboro?
The cost of living in 47344 Greensboro, IN is quite reasonable. Housing costs are low, with a median home value of $106,200 compared to a national average of $173,600. The median monthly rent is also quite affordable at $800 and utilities are relatively low-cost. Transportation is also economical due to the city's close proximity to major highways. Groceries and other everyday items are reasonably priced as well, ensuring that residents can stretch their dollars further in this quaint Midwestern town.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGreensboroIndianaUnited States
    Unlock83.7100.0
  90.6  Unlock100.0
    Unlock94.4100.0
  29.5  Unlock100.0
    Unlock$221,600$338,100
  95.0  Unlock100.0
    Unlock85.4100.0
  81.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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