Zip 47387 (Straughn, IN) Cost of Living


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United States / Indiana / New Castle Metro Area / Henry County / No City / Straughn (zip 47387)
How much do I need to live in Straughn, Indiana?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Straughn cost of living score
72.8
Less expensive
27.2% lower
than the US average
13.0% lower
than the Indiana average
Straughn (zip 47387), 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 47387 (Straughn, IN)

Housing costs in Straughn?
A typical home costs $151,600, which is 55.2% less expensive than the national average of $338,100 and 31.6% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Straughn 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 Straughn?
To live comfortably in Straughn (zip 47387), 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 Straughn?
The cost of living in 47387 Straughn, IN is relatively low compared to other areas of the state. The average home price in the area is around $100,000, and rental prices for a two bedroom apartment start at just $600 per month. Food and entertainment costs are also quite reasonable. Groceries can be purchased for an average of $400 per month, while dining out averages around $30 each time. In addition, there are many free activities available throughout the year that make it easy to have fun without breaking the bank. All in all, Straughn is a great place to live if you're looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesStraughnIndianaUnited States
    Unlock83.7100.0
  92.3  Unlock100.0
    Unlock94.4100.0
  40.0  Unlock100.0
    Unlock$221,600$338,100
  93.1  Unlock100.0
    Unlock85.4100.0
  81.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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