Housing costs in Scotland?
A typical home costs
$176,200, which is 47.9% less expensive than the national average of
$338,100 and 20.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Scotland costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Scotland?
To live comfortably in Scotland (zip 47457), Indiana, a minimum annual income of
$33,840 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Scotland?
The cost of living in 47457 Scotland, IN is relatively low compared to the national average. The cost of housing is very affordable, with a median home price of around $86,000 and the median rent hovering around $800 per month. Food costs are also low, with groceries costing less than the national average. Property taxes are low as well, making it an attractive place to live for those on a budget. In addition to being affordable for those on a budget, 47457 Scotland, IN also offers plenty of outdoor activities such as hiking and fishing. Overall, the cost of living in this small town is reasonable and can provide a great quality of life for those looking for an affordable place to call home.