Housing costs in Sheridan?
A typical home costs
$264,600, which is 21.7% less expensive than the national average of
$338,100 and 19.4% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Sheridan costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 11.4% cheaper than the state average of
$980.
Can I afford Sheridan?
To live comfortably in Sheridan (zip 46069), Indiana, a minimum annual income of
$50,760 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Sheridan?
Living in 46069 Sheridan, IN is an affordable option for those looking to live in a rural area. The cost of living index is lower than the national average, making housing, groceries, and other necessities more budget friendly. The median household income is just over $52,000, which is slightly above the Indiana state median household income of $50,532. Utilities are also quite inexpensive due to low taxes and regulations. All in all, Sheridan provides an affordable lifestyle that won't break the bank.