Zip 47385 (Spiceland, IN) Cost of Living


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United States / Indiana / New Castle Metro Area / Henry County / No City / Spiceland (zip 47385)

Spiceland cost of living score
72.8
Less expensive
27.2% lower
than the US average
13.0% lower
than the Indiana average
Spiceland (zip 47385), Indiana gets a BestPlaces Cost of Living score of 72.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.2% lower than the U.S. average and 13.0% higher than the average for Indiana.

Zip 47385 (Spiceland, IN)

Housing costs in Spiceland?
A typical home costs $153,000, which is 54.7% less expensive than the national average of $338,100 and 31.0% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Spiceland 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 Spiceland?
To live comfortably in Spiceland (zip 47385), Indiana, a minimum annual income of $29,160 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Spiceland?
The cost of living in 47385 Spiceland, IN is relatively low. According to BestPlaces.net, the overall cost of living index for the area is 82.5, which is 18.5% lower than the national average. Housing costs are even lower than the overall average at 58.8% lower than the national average, making it a great place for those looking for affordable housing options. Other everyday costs such as groceries and health care are close to national averages, while transportation and utilities come in slightly below them, making 47385 Spiceland a great choice for anyone looking to balance their budget and spend less on basic necessities.
   Cost of living score
     CategoriesSpicelandIndianaUnited States
  72.883.7100.0
  91.792.9100
  95.494.4100.0
  39.363.8100.0
  $153,000$221,600$338,100
  94.7%97.2%100.0%
  73.785.4100.0
  81.7102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime