Zip 46783 (Roanoke, IN) Cost of Living


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How much do I need to live in Roanoke, Indiana?
$4,950 / month
for a family, 8.3% less expensive than the national average A total of $59,400 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Roanoke cost of living score
73.9
Less expensive
26.1% lower
than the US average
11.7% lower
than the Indiana average
Roanoke (zip 46783), Indiana gets a BestPlaces Cost of Living score of 73.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.1% lower than the U.S. average and 11.7% higher than the average for Indiana.

Zip 46783 (Roanoke, IN)

Housing costs in Roanoke?
A typical home costs $310,800, which is 8.1% less expensive than the national average of $338,100 and 40.3% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Roanoke costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 18.1% cheaper than the state average of $980.

Can I afford Roanoke?
To live comfortably in Roanoke (zip 46783), Indiana, a minimum annual income of $59,400 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Roanoke?
The cost of living in 46783 Roanoke, IN is quite affordable. The estimated cost of living is around 10% lower than the national average, making it an ideal place to live for those looking to save some money. The median home price in 46783 is approximately $90,000 and there’s no sales tax charged, which makes buying items more budget-friendly. Additionally, the cost of transportation and utilities are very reasonable compared to major cities across the country. Due to its low cost of living and access to various amenities, 46783 Roanoke is a great place for people looking to stretch their paycheck further.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRoanokeIndianaUnited States
    Unlock83.7100.0
  95.3  Unlock100.0
    Unlock94.4100.0
  86.3  Unlock100.0
    Unlock$221,600$338,100
  95.6  Unlock100.0
    Unlock85.4100.0
  92.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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