Zip 46986 (Swayzee, IN) Cost of Living


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United States / Indiana / Marion Metro Area / Grant County / No City / Swayzee (zip 46986)
How much do I need to live in Swayzee, Indiana?
$2,280 / month
for a family, 57.8% less expensive than the national average A total of $27,360 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Swayzee cost of living score
68.3
Less expensive
31.7% lower
than the US average
18.4% lower
than the Indiana average
Swayzee (zip 46986), Indiana gets a BestPlaces Cost of Living score of 68.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.7% lower than the U.S. average and 18.4% higher than the average for Indiana.

Zip 46986 (Swayzee, IN)

Housing costs in Swayzee?
A typical home costs $142,900, which is 57.7% less expensive than the national average of $338,100 and 35.5% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Swayzee costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 16.7% cheaper than the state average of $980.

Can I afford Swayzee?
To live comfortably in Swayzee (zip 46986), Indiana, a minimum annual income of $27,360 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Swayzee?
The cost of living in 46986 Swayzee, IN is quite reasonable. The median home value is $66,400 which is roughly 8% lower than in the rest of the state and 18% lower than the national average. The median household income is $40,556 which is slightly above the state average and slightly below the national average. Groceries, healthcare, transportation, and utilities all remain consistently affordable throughout the year in Swayzee. Additionally, residents enjoy many tax benefits like an income tax of 3.3%, one of the lowest in Indiana. All these factors make living in 46986 Swayzee a great economic choice for families and individuals alike.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSwayzeeIndianaUnited States
    Unlock83.7100.0
  92.4  Unlock100.0
    Unlock94.4100.0
  40.9  Unlock100.0
    Unlock$221,600$338,100
  91.1  Unlock100.0
    Unlock85.4100.0
  78.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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