Housing costs in Griffin?
A typical home costs
$101,800, which is 69.9% less expensive than the national average of
$338,100 and 54.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Griffin costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 12.6% cheaper than the state average of
$980.
Can I afford Griffin?
To live comfortably in Griffin (zip 47616), Indiana, a minimum annual income of
$19,440 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Griffin?
The cost of living in 47616 Griffin, IN is relatively low compared to many other areas of the United States. The overall cost of living index for this area is 80.3 which is significantly lower than the U.S average of 100. Groceries are fairly inexpensive with an index score of 92, healthcare costs an index of 87, and housing has an index score of 65 which is even lower than the state average of 68. This means that all around, residents can expect to pay less for everyday needs and housing than the majority of other places in the country, making it an attractive option for those looking to enjoy a lower cost lifestyle.