Zip 47304 (Muncie, 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 Muncie, Indiana?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 for the year for a family.
$2,467 / month
for a single person, 48.2% less expensive than the national average A total of $29,600 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 47304), 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 47304 (Muncie, IN)

Housing costs in Muncie?
A typical home costs $165,400, which is 51.1% less expensive than the national average of $338,100 and 25.4% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Muncie costs $900 per month, which is 8.2% cheaper than the national average of $980 and 5.6% more than the state average of $850.

Can I afford Muncie?
To live comfortably in Muncie (zip 47304), Indiana, a minimum annual income of $31,680 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Muncie?
The cost of living in 47304 Muncie, IN is relatively affordable compared to other cities in the US. According to BestPlaces, the average monthly cost of living for a single person in Muncie is $837.50, including rent, utilities, groceries, dining out and entertainment. When it comes to housing costs specifically, median asking rental prices for homes in the area are around $750 per month for a one-bedroom apartment and $900 per month for a two-bedroom apartment. The overall cost of living differs from person to person depending on lifestyle and budget needs but overall Muncie is a great place for those looking to save some money while investing in their future.
   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
  93.2  Unlock100.0
    Unlock94.4100.0
  50.5  Unlock100.0
    Unlock$221,600$338,100
  90.8  Unlock100.0
    Unlock85.4100.0
  100.8  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.