Housing costs in Valparaiso?
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 Valparaiso costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 13.3% more than the state average of
$980.
Can I afford Valparaiso?
To live comfortably in Valparaiso (zip 46385), Indiana, a minimum annual income of
$58,320 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Valparaiso?
The cost of living in Valparaiso, IN (zip code 46385) is very reasonable. The overall cost of living index sits at 88.7, which is slightly below the national average of 100. In terms of housing costs, the median home value is $169,500, which is significantly lower than many other cities in the area. Renters can expect to pay an average monthly rent of $1,000. Utilities in this area are also quite affordable and come in at a combined total of around $150 per month. Groceries in Valparaiso are also slightly cheaper than the national average and transportation is relatively inexpensive as well.