Zip 46974 (Roann, IN) Cost of Living


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United States / Indiana / Wabash Metro Area / Wabash County / No City / Roann (zip 46974)
How much do I need to live in Roann, Indiana?
$2,700 / month
for a family, 50.0% less expensive than the national average A total of $32,400 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Roann cost of living score
73.3
Less expensive
26.7% lower
than the US average
12.4% lower
than the Indiana average
Roann (zip 46974), Indiana gets a BestPlaces Cost of Living score of 73.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.7% lower than the U.S. average and 12.4% higher than the average for Indiana.

Zip 46974 (Roann, IN)

Housing costs in Roann?
A typical home costs $169,300, which is 49.9% less expensive than the national average of $338,100 and 23.6% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Roann costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 15.3% cheaper than the state average of $980.

Can I afford Roann?
To live comfortably in Roann (zip 46974), Indiana, a minimum annual income of $32,400 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Roann?
The cost of living in 46974 Roann, IN is relatively low compared to other parts of the country. The median home value is $77,500, which is much lower than the national average. Renting a two-bedroom apartment will cost about $590 per month; groceries and other necessities are also reasonably priced. Overall, the cost of living in Roann is lower than many other parts of Indiana, allowing people to stretch their income farther.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRoannIndianaUnited States
    Unlock83.7100.0
  92.5  Unlock100.0
    Unlock94.4100.0
  48.0  Unlock100.0
    Unlock$221,600$338,100
  93.4  Unlock100.0
    Unlock85.4100.0
  80.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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