Zip 47381 (Salamonia, IN) Cost of Living


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United States / Indiana / No Metro Area / Jay County / Salamonia / Salamonia (zip 47381)
How much do I need to live in Salamonia, Indiana?
$1,590 / month
for a family, 70.6% less expensive than the national average A total of $19,080 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.

Salamonia cost of living score
69.1
Less expensive
30.9% lower
than the US average
17.4% lower
than the Indiana average
Salamonia (zip 47381), Indiana gets a BestPlaces Cost of Living score of 69.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.9% lower than the U.S. average and 17.4% higher than the average for Indiana.

Zip 47381 (Salamonia, IN)

Housing costs in Salamonia?
A typical home costs $99,000, which is 70.7% less expensive than the national average of $338,100 and 55.3% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Salamonia costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 16.7% cheaper than the state average of $980.

Can I afford Salamonia?
To live comfortably in Salamonia (zip 47381), Indiana, a minimum annual income of $19,080 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Salamonia?
The cost of living in 47381 Salamonia, IN is quite affordable compared to other parts of the country. The median household income in the town is $41,719, which is slightly lower than the national average. However, the median home value in Salamonia is around $88,000 which is much lower than the national average as well. Food and groceries are also reasonably priced making it an ideal location to settle down for people who want a good quality of life without breaking the bank. In addition, taxes are low and don't add much to your overall cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSalamoniaIndianaUnited States
    Unlock83.7100.0
  88.4  Unlock100.0
    Unlock94.4100.0
  17.4  Unlock100.0
    Unlock$221,600$338,100
  98.0  Unlock100.0
    Unlock85.4100.0
  68.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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