Zip 47305 (Muncie, IN) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

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 47305), 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 47305 (Muncie, IN)

Housing costs in Muncie?
A typical home costs $62,300, which is 81.6% less expensive than the national average of $338,100 and 71.9% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Muncie costs $840 per month, which is 14.3% cheaper than the national average of $980 and close to the state average of $850.

Can I afford Muncie?
To live comfortably in Muncie (zip 47305), Indiana, a minimum annual income of $11,880 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Muncie?
The cost of living in 47305 Muncie, IN is quite affordable compared to many other cities. The taxes are low and the median home price is just over $100,000. The rent in the area is also very reasonable, with one-bedroom apartments averaging around $500 a month. Groceries and gas prices are comparable to the national average. Overall, 47305 Muncie is an excellent place to live for those looking for an affordable lifestyle without sacrificing quality of life.
   Cost of living score
     CategoriesMuncieIndianaUnited States
  73.383.7100.0
  89.592.9100
  93.094.4100.0
  17.863.8100.0
  $62,300$221,600$338,100
  90.8%97.2%100.0%
  78.085.4100.0
  100.8102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime