Zip 46938 (Jonesboro, IN) Cost of Living


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United States / Indiana / Marion Metro Area / Grant County / No City / Jonesboro (zip 46938)
How much do I need to live in Jonesboro, Indiana?
$1,920 / month
for a family, 64.4% less expensive than the national average A total of $23,040 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Jonesboro cost of living score
68.3
Less expensive
31.7% lower
than the US average
18.4% lower
than the Indiana average
Jonesboro (zip 46938), Indiana gets a BestPlaces Cost of Living score of 68.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.7% lower than the U.S. average and 18.4% higher than the average for Indiana.

Zip 46938 (Jonesboro, IN)

Housing costs in Jonesboro?
A typical home costs $120,900, which is 64.2% less expensive than the national average of $338,100 and 45.4% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Jonesboro costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 21.0% cheaper than the state average of $980.

Can I afford Jonesboro?
To live comfortably in Jonesboro (zip 46938), Indiana, a minimum annual income of $23,040 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Jonesboro?
The cost of living in 46938 Jonesboro, IN is relatively low. As of 2019, the median home price was $77,750 and the median household income was $52,469. The overall cost of living index for this area is 79 out of 100, which is lower than the state average of 85. Additionally, groceries and health-care costs are also below the national averages. With such excellent affordability, Jonesboro provides residents with a high quality of life and plenty of opportunities to save money.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesJonesboroIndianaUnited States
    Unlock83.7100.0
  91.6  Unlock100.0
    Unlock94.4100.0
  32.2  Unlock100.0
    Unlock$221,600$338,100
  91.1  Unlock100.0
    Unlock85.4100.0
  78.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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