Zip 46166 (Paragon, IN) Cost of Living


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How much do I need to live in Paragon, Indiana?
$3,450 / month
for a family, 36.1% less expensive than the national average A total of $41,400 for the year for a family.
$2,967 / month
for a single person, 37.8% less expensive than the national average A total of $35,600 for the year for a single person.

Paragon cost of living score
91.1
Less expensive
8.9% lower
than the US average
8.8% higher
than the Indiana average
Paragon (zip 46166), Indiana gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 8.8% lower than the average for Indiana.

Zip 46166 (Paragon, IN)

Housing costs in Paragon?
A typical home costs $216,800, which is 35.9% less expensive than the national average of $338,100 and 2.2% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Paragon costs $1,060 per month, which is 25.9% cheaper than the national average of $1,430 and 7.5% more than the state average of $980.

Can I afford Paragon?
To live comfortably in Paragon (zip 46166), Indiana, a minimum annual income of $41,400 for a family, and $35,600 for a single person is recommended.

What does A.I. say about Paragon?
The cost of living in 46166 Paragon, IN is quite affordable. The median home value for the area is just over $100,000 and the median rent is around $800 per month. Prices in general are competitive with other parts of the state, so it's easy to find good deals on groceries, entertainment, and other essential items. The town also has a variety of restaurants and shops that make it easy to find something at a reasonable price. For those who are looking for a place to live that's affordable while still providing plenty of amenities, 46166 Paragon is definitely worth considering.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesParagonIndianaUnited States
    Unlock83.7100.0
  92.6  Unlock100.0
    Unlock94.4100.0
  62.8  Unlock100.0
    Unlock$221,600$338,100
  101.1  Unlock100.0
    Unlock85.4100.0
  84.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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