Housing costs in Indianapolis?
A typical home costs
$207,800, which is 38.5% less expensive than the national average of
$338,100 and 6.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Indianapolis costs
$1,170 per month, which is 19.4% more than the national average of
$980 and 10.3% more than the state average of
$1,050.
Can I afford Indianapolis?
To live comfortably in Indianapolis (zip 46214), Indiana, a minimum annual income of
$39,960 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Indianapolis?
The cost of living in 46214 Indianapolis, IN is relatively affordable compared to other areas of the country. The median home price is around $117,000 and the median rent is just over $700 per month. There are also many amenities available, including grocery stores, banks, restaurants, entertainment venues, and more. Additionally, transportation costs are reasonable due to the city's public transportation system. Overall, living in 46214 Indianapolis, IN is an affordable option for those looking to settle down and enjoy all that the city has to offer.