Housing costs in Macy?
A typical home costs
$141,900, which is 58.0% less expensive than the national average of
$338,100 and 36.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Macy costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford Macy?
To live comfortably in Macy (zip 46951), Indiana, a minimum annual income of
$27,360 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Macy?
The cost of living in 46951 Macy, IN is fairly affordable. The overall cost of living index is 86.1, which is 14% lower than the US average. Housing costs are particularly low, with median home prices at $62,100 and a median rent of only $502. Utilities are also extremely affordable, with electricity costing an average of just $109 per month. Groceries and healthcare expenses are slightly higher than average but still manageable for most people. In short, 46951 Macy, IN offers an excellent quality of life at an incredibly affordable price point.