Zip 46340 (Hanna, IN) Cost of Living


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Hanna cost of living score
81.6
Less expensive
18.4% lower
than the US average
2.5% lower
than the Indiana average
Hanna (zip 46340), Indiana gets a BestPlaces Cost of Living score of 81.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.4% lower than the U.S. average and 2.5% higher than the average for Indiana.

Zip 46340 (Hanna, IN)

Housing costs in Hanna?
A typical home costs $240,600, which is 28.8% less expensive than the national average of $338,100 and 8.6% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Hanna costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 9.3% more than the state average of $980.

Can I afford Hanna?
To live comfortably in Hanna (zip 46340), Indiana, a minimum annual income of $46,080 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Hanna?
The cost of living in 46340 Hanna, IN is quite reasonable. The median home price is $92,900 and the median rent is $710 per month, both of which are well below the national average. In addition, the average cost of groceries and utilities in this area are lower than most other parts of Indiana. This makes it an attractive option for those looking to purchase a home or rent in a more affordable area without sacrificing too much quality of life.
   Cost of living score
     CategoriesHannaIndianaUnited States
  81.683.7100.0
  93.892.9100
  90.494.4100.0
  66.163.8100.0
  $240,600$221,600$338,100
  102.1%97.2%100.0%
  82.085.4100.0
  86.6102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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