Zip 47467 (Tunnelton, IN) Cost of Living


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United States / Indiana / Bedford Metro Area / Lawrence County / No City / Tunnelton (zip 47467)
How much do I need to live in Tunnelton, Indiana?
$3,030 / month
for a family, 43.9% less expensive than the national average A total of $36,360 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Tunnelton cost of living score
75.6
Less expensive
24.4% lower
than the US average
9.7% lower
than the Indiana average
Tunnelton (zip 47467), Indiana gets a BestPlaces Cost of Living score of 75.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.4% lower than the U.S. average and 9.7% higher than the average for Indiana.

Zip 47467 (Tunnelton, IN)

Housing costs in Tunnelton?
A typical home costs $190,500, which is 43.7% less expensive than the national average of $338,100 and 14.0% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Tunnelton costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 14.0% cheaper than the state average of $980.

Can I afford Tunnelton?
To live comfortably in Tunnelton (zip 47467), Indiana, a minimum annual income of $36,360 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Tunnelton?
The cost of living in 47467 Tunnelton, IN is relatively low compared to the national average. The median home value in Tunnelton is approximately $73,300, which is much lower than the national median home value of $193,500. Additionally, the median household income in the area is only about $41,565 per year. The overall cost of living index for Tunnelton is 81.1, which is significantly lower than the national average of 100. This makes it an ideal location for those seeking affordable housing and a lower cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTunneltonIndianaUnited States
    Unlock83.7100.0
  92.9  Unlock100.0
    Unlock94.4100.0
  36.7  Unlock100.0
    Unlock$221,600$338,100
  96.5  Unlock100.0
    Unlock85.4100.0
  75.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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