Housing costs in Monroe City?
A typical home costs
$158,800, which is 53.0% less expensive than the national average of
$338,100 and 28.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Monroe City costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 12.6% cheaper than the state average of
$980.
Can I afford Monroe City?
To live comfortably in Monroe City (zip 47557), Indiana, a minimum annual income of
$30,600 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Monroe City?
The cost of living in 47557 Monroe City, IN is fairly low compared to the national average. The median home price is $77,700 and the median household income is $41,170. This helps keep the overall cost of living lower than many other areas of the country. Additionally, groceries and utilities are also relatively inexpensive, making it an affordable place to live for budget-conscious households.