Housing costs in Oolitic?
A typical home costs
$145,100, which is 57.1% less expensive than the national average of
$338,100 and 34.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Oolitic costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Oolitic?
To live comfortably in Oolitic (zip 47451), Indiana, a minimum annual income of
$27,720 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Oolitic?
The cost of living in 47451 Oolitic, IN is generally lower than the national average. In 2019, the estimated cost of living index was 84.5, which is 15.5 points lower than the US average of 100. Housing costs in the area are among the lowest in Indiana, with a median home price of around $95,800. The cost for everyday items such as food and gas are also low compared to other areas in Indiana and throughout the United States. This makes Oolitic an attractive location for those looking for an affordable place to live.