Housing costs in Matthews?
A typical home costs
$92,600, which is 72.6% less expensive than the national average of
$338,100 and 58.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Matthews costs
$750 per month, which is 23.5% cheaper than the national average of
$980 and 10.7% cheaper than the state average of
$830.
Can I afford Matthews?
To live comfortably in Matthews (zip 46957), Indiana, a minimum annual income of
$17,640 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Matthews?
Living in 46957 Matthews, IN is quite affordable. The cost of living index is approximately 81.7, which is 19.3 points below the national average. Housing costs are very reasonable with a median home value of only $112,600 and median rent of $676 per month. Utilities are also quite inexpensive compared to other places in the United States with an average monthly electric bill coming in at just $76. In addition, groceries and transportation costs are both low making 46957 Matthews, IN a great place to live for those on a budget.