Housing costs in Logansport?
A typical home costs
$119,100, which is 64.8% less expensive than the national average of
$338,100 and 46.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Logansport costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 30.7% cheaper than the state average of
$980.
Can I afford Logansport?
To live comfortably in Logansport (zip 46947), Indiana, a minimum annual income of
$22,680 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Logansport?
The cost of living in 46947 Logansport, IN is quite reasonable. As of 2020, the median home value is $87,400 which is slightly lower than the US median home value of $231,200. The median household income for this area is also slightly lower than the national average at $42,715. Utilities are a bit higher than other areas with the average cost of electricity coming in at around 11.75 cents per kWh but gas prices remain fairly low at an average of 2.58 per gallon. In addition to low housing and utilities costs, groceries are also quite affordable with an overall grocery index score of 88.4 compared to the national average of 100. All these factors make 46947 Logansport an attractive place to live with a very reasonable cost of living.