Housing costs in Otisco?
A typical home costs
$246,400, which is 27.1% less expensive than the national average of
$338,100 and 11.2% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Otisco costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Otisco?
To live comfortably in Otisco (zip 47163), Indiana, a minimum annual income of
$47,160 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Otisco?
The cost of living in 47163 Otisco, IN is relatively low compared to many other regions throughout the US. The median home value is just over $100,000, making it an affordable place to live for those with lower and middle incomes. Additionally, the median household income in Otisco is just under $50,000, providing residents with a comfortable lifestyle. Utilities are also relatively inexpensive in this area, as the average monthly electricity costs are only slightly above the national average. All these factors combine to make 47163 Otisco a great place to call home for those looking for an affordable place to live.