Zip 47880 (Shepardsville, IN) Cost of Living


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How much do I need to live in Shepardsville, Indiana?
$1,770 / month
for a family, 67.2% less expensive than the national average A total of $21,240 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.

Shepardsville cost of living score
75
Less expensive
25.0% lower
than the US average
10.4% lower
than the Indiana average
Shepardsville (zip 47880), Indiana gets a BestPlaces Cost of Living score of 75, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.0% lower than the U.S. average and 10.4% higher than the average for Indiana.

Zip 47880 (Shepardsville, IN)

Housing costs in Shepardsville?
A typical home costs $111,400, which is 67.1% less expensive than the national average of $338,100 and 49.7% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Shepardsville costs $850 per month, which is 13.3% cheaper than the national average of $980 and close to the state average of $860.

Can I afford Shepardsville?
To live comfortably in Shepardsville (zip 47880), Indiana, a minimum annual income of $21,240 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Shepardsville?
The cost of living in Shepardsville, IN (47880) is generally affordable compared to other parts of the country. The median home value is $175,400 and the median household income is around $48,000. This means that most families can find comfortable housing within their means. The cost of groceries and other everyday necessities are also quite reasonable, as they tend to be lower than the national average. Additionally, there are many recreational activities available in the area that are either free or reasonably priced. All together, these factors make Shepardsville an ideal place for those looking to live a comfortable lifestyle at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesShepardsvilleIndianaUnited States
    Unlock83.7100.0
  91.7  Unlock100.0
    Unlock94.4100.0
  32.1  Unlock100.0
    Unlock$221,600$338,100
  99.8  Unlock100.0
    Unlock85.4100.0
  95.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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