Housing costs in South Bend?
A typical home costs
$119,600, which is 64.6% less expensive than the national average of
$338,100 and 46.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in South Bend costs
$1,150 per month, which is 17.3% more than the national average of
$980 and 7.0% more than the state average of
$1,070.
Can I afford South Bend?
To live comfortably in South Bend (zip 46616), Indiana, a minimum annual income of
$23,040 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about South Bend?
The cost of living in 46616 South Bend, IN is relatively low compared to other places in the country. In fact, the overall cost of living index for this area is 95.7, which is much lower than the national average of 100. The housing index here is 69.3, which is about 30% lower than the national average. Other factors such as food and utilities are also relatively cheaper when compared to other parts of the country. All these factors make South Bend a great place to live if you're looking for an affordable place to call home.