Housing costs in Lanesville?
A typical home costs
$292,400, which is 13.5% less expensive than the national average of
$338,100 and 31.9% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Lanesville costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 2.1% cheaper than the state average of
$980.
Can I afford Lanesville?
To live comfortably in Lanesville (zip 47136), Indiana, a minimum annual income of
$56,160 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Lanesville?
The cost of living in 47136 Lanesville, IN is quite reasonable. According to BestPlaces, the cost of living index is 79.4, which is lower than the U.S. average of 100, indicating that overall costs are relatively lower than most other places in the country. Housing prices remain affordable with a median home value of around $135,000 and a median rent price of $844 per month. Groceries and other essentials tend to be cheaper than in larger cities as well, so residents can save money without sacrificing quality or convenience. Overall, 47136 Lanesville offers an attractive combination of lower costs and plenty of amenities to make it a great place to call home.