Housing costs in Spurgeon?
A typical home costs
$94,600, which is 72.0% less expensive than the national average of
$338,100 and 57.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Spurgeon costs
$720 per month, which is 26.5% cheaper than the national average of
$980 and 15.3% cheaper than the state average of
$830.
Can I afford Spurgeon?
To live comfortably in Spurgeon (zip 47584), Indiana, a minimum annual income of
$18,000 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Spurgeon?
47584 Spurgeon, IN is an affordable place to live. The cost of living is lower than the national average and much lower than some nearby larger cities. Groceries, household items, and other basic necessities are quite affordable here. Housing costs are also relatively low with the median home value coming in at just over $100,000—well below the Indiana state average. Overall, it's a great place for those looking for a more frugal lifestyle and more affordable housing options.