Housing costs in South Bend?
A typical home costs
$196,500, which is 41.9% less expensive than the national average of
$338,100 and 11.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in South Bend costs
$990 per month, which is 1.0% more than the national average of
$980 and 8.1% cheaper than the state average of
$1,070.
Can I afford South Bend?
To live comfortably in South Bend (zip 46614), Indiana, a minimum annual income of
$37,800 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about South Bend?
The cost of living in 46614 South Bend, IN is relatively low, making it an attractive place to live for those looking for an affordable option. According to BestPlaces, the cost of living index in 46614 South Bend is about 15% lower than the US average, with groceries being about 11% cheaper and rent being around 14% less expensive. The median household income is slightly lower than the national average at $43,897 a year; however, other costs such as utilities and healthcare are also generally lower in this area. All these factors make 46614 South Bend a great option for those who want to save money on living expenses while still having access to all the amenities of city life.