Housing costs in Peru?
A typical home costs
$114,600, which is 66.1% less expensive than the national average of
$338,100 and 48.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Peru costs
$800 per month, which is 18.4% cheaper than the national average of
$980 and 3.8% cheaper than the state average of
$830.
Can I afford Peru?
To live comfortably in Peru (zip 46970), Indiana, a minimum annual income of
$21,960 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Peru?
The cost of living in Peru, IN (ZIP Code 46970) is relatively affordable compared to other cities in the United States. According to Best Places, the cost of living index is 82.2 which is 18.8% lower than the national average. Additionally, housing prices are well below both state and national averages with a median home price of $78,100 and an average rent of $676 per month. Utilities, groceries, and transportation costs are also below the national average making Peru an affordable place to live for both individuals and families alike.