Housing costs in Riley?
A typical home costs
$118,900, which is 64.8% less expensive than the national average of
$338,100 and 46.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Riley costs
$1,110 per month, which is 13.3% more than the national average of
$980 and 22.5% more than the state average of
$860.
Can I afford Riley?
To live comfortably in Riley (zip 47871), Indiana, a minimum annual income of
$22,680 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Riley?
The cost of living in 47871 Riley, IN is relatively low compared to other areas. The average home price is around $100,000, which is a fraction of what you'd pay for homes in more populous and expensive cities. Rent for apartments and homes is also relatively inexpensive, with the average monthly rent being about $800 or less. Utilities are also reasonable, with the average monthly utilities cost being about $100 per month. Additionally, groceries are priced lower than many other places due to the influx of local agricultural businesses in the area.