Housing costs in Hamilton?
A typical home costs
$280,600, which is 17.0% less expensive than the national average of
$338,100 and 26.6% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Hamilton costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$980.
Can I afford Hamilton?
To live comfortably in Hamilton (zip 46742), Indiana, a minimum annual income of
$53,640 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Hamilton?
The cost of living in 46742 Hamilton, IN is relatively low. According to BestPlaces, the cost of living index is 81 — well below the national average of 100. The median home price is $90,300 and the median rent is $672 per month. Groceries are also reasonably priced with an estimated cost of $12,500 annually for a family of four. Utilities, such as electricity, natural gas, and water are below average as well. Overall, 46742 Hamilton provides a great quality of life for those looking to take advantage of a lower cost of living while still enjoying all the amenities of a small rural town.