Housing costs in Thayer?
A typical home costs
$163,000, which is 51.8% less expensive than the national average of
$338,100 and 26.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Thayer costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 3.0% more than the state average of
$980.
Can I afford Thayer?
To live comfortably in Thayer (zip 46381), Indiana, a minimum annual income of
$31,320 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Thayer?
The cost of living in 46381 Thayer, IN is quite reasonable. According to BestPlaces.net, the cost of living index for this area is 79.4, which is 20% lower than the national average. Housing costs are particularly low with a median home value of only $83,900 and a median monthly rent of just $558. Other everyday expenses like groceries and utilities are also below the national average. All in all, 46381 Thayer has a cost of living that makes it an attractive place to live for people on any kind of budget.