Zip 47963 (Morocco, IN) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Morocco, Indiana?
$2,580 / month
for a family, 52.2% less expensive than the national average A total of $30,960 for the year for a family.
$2,333 / month
for a single person, 51.1% less expensive than the national average A total of $28,000 for the year for a single person.

Morocco cost of living score
87.3
Less expensive
12.7% lower
than the US average
4.3% higher
than the Indiana average
Morocco (zip 47963), Indiana gets a BestPlaces Cost of Living score of 87.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.7% lower than the U.S. average and 4.3% lower than the average for Indiana.

Zip 47963 (Morocco, IN)

Housing costs in Morocco?
A typical home costs $161,500, which is 52.2% less expensive than the national average of $338,100 and 27.1% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Morocco 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 Morocco?
To live comfortably in Morocco (zip 47963), Indiana, a minimum annual income of $30,960 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Morocco?
The cost of living in 47963 Morocco, Indiana is generally affordable. Housing costs in the area are very reasonable with the median home price being $75,000. The median monthly rent for a one-bedroom apartment is around $650, and utilities such as electricity and water can range from $100 to $150 per month depending on usage. Groceries, transportation, healthcare, and other expenses are all lower than the national average, making it a great place to live economically. Additionally, there are plenty of outdoor activities available nearby such as hiking and fishing that can provide free entertainment.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMoroccoIndianaUnited States
    Unlock83.7100.0
  89.6  Unlock100.0
    Unlock94.4100.0
  41.0  Unlock100.0
    Unlock$221,600$338,100
  104.4  Unlock100.0
    Unlock85.4100.0
  93.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.