Zip 46181 (Trafalgar, IN) Cost of Living


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How much do I need to live in Trafalgar, Indiana?
$4,860 / month
for a family, 10.0% less expensive than the national average A total of $58,320 for the year for a family.
$3,300 / month
for a single person, 30.8% less expensive than the national average A total of $39,600 for the year for a single person.

Trafalgar cost of living score
92.1
Less expensive
7.9% lower
than the US average
10.0% higher
than the Indiana average
Trafalgar (zip 46181), Indiana gets a BestPlaces Cost of Living score of 92.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.9% lower than the U.S. average and 10.0% lower than the average for Indiana.

Zip 46181 (Trafalgar, IN)

Housing costs in Trafalgar?
A typical home costs $304,400, which is 10.0% less expensive than the national average of $338,100 and 37.4% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Trafalgar costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 16.2% more than the state average of $980.

Can I afford Trafalgar?
To live comfortably in Trafalgar (zip 46181), Indiana, a minimum annual income of $58,320 for a family, and $39,600 for a single person is recommended.

What does A.I. say about Trafalgar?
The cost of living in 46181 Trafalgar, IN is quite reasonable. The overall cost of living index is 7.2 per cent lower than the national average. The median home price is around $175,000, with housing costs being almost 21 percent lower than the national average. In addition, transportation and utility costs are also lower than the national average. Overall, living in 46181 Trafalgar, IN provides an affordable living experience for its residents while also offering convenience and access to local businesses and amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTrafalgarIndianaUnited States
    Unlock83.7100.0
  97.2  Unlock100.0
    Unlock94.4100.0
  94.4  Unlock100.0
    Unlock$221,600$338,100
  99.1  Unlock100.0
    Unlock85.4100.0
  105.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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