Zip 47273 (Scipio, IN) Cost of Living


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How much do I need to live in Scipio, Indiana?
$3,360 / month
for a family, 37.8% less expensive than the national average A total of $40,320 for the year for a family.
$2,467 / month
for a single person, 48.2% less expensive than the national average A total of $29,600 for the year for a single person.

Scipio cost of living score
77.3
Less expensive
22.7% lower
than the US average
7.6% lower
than the Indiana average
Scipio (zip 47273), Indiana gets a BestPlaces Cost of Living score of 77.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.7% lower than the U.S. average and 7.6% higher than the average for Indiana.

Zip 47273 (Scipio, IN)

Housing costs in Scipio?
A typical home costs $211,100, which is 37.6% less expensive than the national average of $338,100 and 4.7% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Scipio costs $970 per month, which is 32.2% cheaper than the national average of $1,430 and close to the state average of $980.

Can I afford Scipio?
To live comfortably in Scipio (zip 47273), Indiana, a minimum annual income of $40,320 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Scipio?
The cost of living in 47273 Scipio, IN is relatively low when compared to other areas. The median home value in the area is $128,200 according to Zillow, which is significantly lower than the national average of $231,200. Additionally, the median household income in 47273 Scipio, IN is $45,888 which is again much lower than the national average of $61,937. This combination allows residents in this area to enjoy a reasonable standard of living while keeping their costs under control. With its low cost of living and beautiful rural setting, 47273 Scipio is an ideal place for those looking for a more affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesScipioIndianaUnited States
    Unlock83.7100.0
  93.4  Unlock100.0
    Unlock94.4100.0
  56.8  Unlock100.0
    Unlock$221,600$338,100
  98.1  Unlock100.0
    Unlock85.4100.0
  77.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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