Housing costs in Staunton?
A typical home costs
$111,100, which is 67.1% less expensive than the national average of
$338,100 and 49.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Staunton costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 12.6% cheaper than the state average of
$980.
Can I afford Staunton?
To live comfortably in Staunton (zip 47881), Indiana, a minimum annual income of
$21,240 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Staunton?
The cost of living in 47881 Staunton, IN is relatively low compared to other parts of the country. The median home value in the area is $114,000, which is significantly less than the national median home value of $232,200. Additionally, the overall cost of living index is 89.2, which is 11.8 points lower than the national average of 100. Renters in the area pay a median rent price of $611 per month and utilities typically cost around $142 per month. Overall, 47881 Staunton, IN offers a variety of affordable housing options and an overall lower cost of living compared to other areas.