Housing costs in Mooreland?
A typical home costs
$183,900, which is 45.6% less expensive than the national average of
$338,100 and 17.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Mooreland costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 14.0% cheaper than the state average of
$980.
Can I afford Mooreland?
To live comfortably in Mooreland (zip 47360), Indiana, a minimum annual income of
$35,280 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Mooreland?
The cost of living in 47360 Mooreland, IN is quite reasonable. The median home value in this area is $92,700 which is about 11% lower than the Indiana median home value. Additionally, the average rent here is only around $687 per month which is significantly lower than the national average. The overall cost of living index here is 82.4 which is much lower than the national average of 100. This makes Mooreland an attractive option for those looking to find a more affordable city to live in without sacrificing quality of life.