Housing costs in Greenwood?
A typical home costs
$285,100, which is 15.7% less expensive than the national average of
$338,100 and 28.7% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Greenwood costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Greenwood?
To live comfortably in Greenwood (zip 46142), Indiana, a minimum annual income of
$54,720 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Greenwood?
The cost of living in 46142 Greenwood, IN is quite reasonable compared to other cities in Indiana. The median home price is around $180,000, which is well below the national average. Property taxes are slightly higher than the national average at 1.09%, but still remain relatively low. Transportation costs remain low since most people only need to drive a few miles for work or errands. Utility costs are also below the national average and groceries can be found for fairly reasonable prices at local stores and markets. Overall, the cost of living in 46142 Greenwood, IN is quite affordable and can provide residents with a comfortable lifestyle without breaking the bank.