Housing costs in Nappanee?
A typical home costs
$251,000, which is 25.8% less expensive than the national average of
$338,100 and 13.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Nappanee costs
$960 per month, which is 2.0% cheaper than the national average of
$980 and 3.1% cheaper than the state average of
$990.
Can I afford Nappanee?
To live comfortably in Nappanee (zip 46550), Indiana, a minimum annual income of
$48,240 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Nappanee?
The cost of living in 46550 Nappanee, IN is generally quite reasonable, with housing being the main expense. The median home value in Nappanee is $133,500 which is lower than both the state and national averages. Other prices such as transportation, utilities, health care and other goods and services are all lower than the national average. Overall, 46550 Nappanee is an affordable place to live for those looking to save money while maintaining a decent quality of life.