Housing costs in Universal?
A typical home costs
$61,300, which is 81.9% less expensive than the national average of
$338,100 and 72.3% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Universal costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 19.5% cheaper than the state average of
$980.
Can I afford Universal?
To live comfortably in Universal (zip 47884), Indiana, a minimum annual income of
$11,880 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Universal?
The cost of living in 47884 Universal, IN is relatively low. The median home value is only around $90,000 and the median rent is approximately $700 per month. This makes it an ideal place for those looking to settle down but lacking the capital to pay higher rents found in other parts of the country. Additionally, property taxes are relatively low and groceries are affordable. All in all, living costs in Universal, IN are quite reasonable and can work out well for individuals or families looking for a more budget-friendly option.