Housing costs in Muncie?
A typical home costs
$70,100, which is 79.3% less expensive than the national average of
$338,100 and 68.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Muncie costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$980.
Can I afford Muncie?
To live comfortably in Muncie (zip 47302), Indiana, a minimum annual income of
$13,320 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Muncie?
The cost of living in 47302 Muncie, IN is incredibly affordable compared to other parts of the country. According to the Cost of Living Index, the median home price in this area is $115,100 and monthly rental costs are an average of $795. Additionally, utilities typically cost around $159 monthly while food costs are at an average of $323 a month. Residents also enjoy low taxes when it comes to sales tax and income tax. This provides a great opportunity for those looking for an affordable place to call home in Indiana.