Housing costs in Kennard?
A typical home costs
$127,100, which is 62.4% less expensive than the national average of
$338,100 and 42.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Kennard costs
$860 per month, which is 12.2% cheaper than the national average of
$980 and 3.5% more than the state average of
$830.
Can I afford Kennard?
To live comfortably in Kennard (zip 47351), Indiana, a minimum annual income of
$24,480 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Kennard?
The cost of living in 47351 Kennard, IN is quite low. The area has a median home value of $67,000 which is significantly lower than the national average. Utility costs are also quite reasonable with rates for electricity and water being below the national averages. Grocery prices are also affordable, with items such as dairy, produce, meats and snacks running slightly lower than the national average. Overall, the cost of living in this region is very favorable for potential residents who are looking to save a little money while still getting all the benefits that come from living in Indiana.