Housing costs in Muncie?
A typical home costs
$156,100, which is 53.8% less expensive than the national average of
$338,100 and 29.6% 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 47306), Indiana, a minimum annual income of
$29,880 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Muncie?
The cost of living in 47306 Muncie, IN is relatively low. According to a Cost of Living Index, the city has an index score of 86.3 which is 14.7 points below the national average. Expenses such as housing, utilities, groceries, transportation, healthcare and miscellaneous goods are all lower than the national average. This makes it a great place for individuals and families looking to save on monthly expenses while still enjoying a comfortable lifestyle. Additionally, there are plenty of job opportunities in the area with many businesses located in Muncie’s downtown district.