Housing costs in Hope?
A typical home costs
$203,900, which is 39.7% less expensive than the national average of
$338,100 and 8.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Hope costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 11.4% cheaper than the state average of
$980.
Can I afford Hope?
To live comfortably in Hope (zip 47246), Indiana, a minimum annual income of
$39,240 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Hope?
The cost of living in 47246 Hope, IN is quite affordable. According to Best Places, the cost of living index in Hope is 81, which is 19% below the national average. This makes it a great place for people on a budget to live comfortably. Housing costs are exceptionally low, at an estimated 21% lower than the national average. Groceries and healthcare are also relatively inexpensive, making it possible to stretch one's dollar further while living in Hope.