Zip 47303 (Muncie, IN) Cost of Living


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United States / Indiana / Muncie Metro Area / Delaware County / No City / Muncie (zip 47303)
How much do I need to live in Muncie, Indiana?
$1,830 / month
for a family, 66.1% less expensive than the national average A total of $21,960 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Muncie cost of living score
73.3
Less expensive
26.7% lower
than the US average
12.4% lower
than the Indiana average
Muncie (zip 47303), Indiana gets a BestPlaces Cost of Living score of 73.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.7% lower than the U.S. average and 12.4% higher than the average for Indiana.

Zip 47303 (Muncie, IN)

Housing costs in Muncie?
A typical home costs $113,900, which is 66.3% less expensive than the national average of $338,100 and 48.6% 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 47303), Indiana, a minimum annual income of $21,960 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Muncie?
The cost of living in 47303 Muncie, IN is relatively low compared to other parts of the country. According to BestPlaces's Cost of Living Index, 47303 has a score of 66.88 points out of 100. This indicates that overall costs such as housing, groceries, transportation and health care are lower than the national average. Additionally, the median house value in 47303 is $65,000 and the average rent for a one-bedroom apartment is $662 per month. With these low prices and an overall index score below the national average, it's clear that living in 47303 Muncie provides residents with a great value and a comfortable quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMuncieIndianaUnited States
    Unlock83.7100.0
  91.0  Unlock100.0
    Unlock94.4100.0
  29.2  Unlock100.0
    Unlock$221,600$338,100
  94.9  Unlock100.0
    Unlock85.4100.0
  100.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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