Zip 46987 (Sweetser, IN) Cost of Living


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How much do I need to live in Sweetser, Indiana?
$2,490 / month
for a family, 53.9% less expensive than the national average A total of $29,880 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.

Sweetser cost of living score
68.3
Less expensive
31.7% lower
than the US average
18.4% lower
than the Indiana average
Sweetser (zip 46987), 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 46987 (Sweetser, IN)

Housing costs in Sweetser?
A typical home costs $156,700, which is 53.7% less expensive than the national average of $338,100 and 29.3% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Sweetser costs $840 per month, which is 14.3% cheaper than the national average of $980 and close to the state average of $830.

Can I afford Sweetser?
To live comfortably in Sweetser (zip 46987), Indiana, a minimum annual income of $29,880 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Sweetser?
Living in 46987 Sweetser, IN is relatively inexpensive. The cost of living index for this area is around 83.2, which is 17.8% lower than the national average. Housing expenses are particularly affordable, with median home prices of $106,700 and median rent prices of only $697 per month. Property taxes are also on the low side compared to many other areas at an effective rate of only 1.14%. Food costs and transportation expenses are also relatively low due to the area's close proximity to Indianapolis and its abundance of nearby grocery stores and retail centers. All in all, Sweetser residents can enjoy a high quality of life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSweetserIndianaUnited States
    Unlock83.7100.0
  92.1  Unlock100.0
    Unlock94.4100.0
  44.1  Unlock100.0
    Unlock$221,600$338,100
  95.9  Unlock100.0
    Unlock85.4100.0
  78.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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