Housing costs in Van Buren?
A typical home costs
$117,900, which is 65.1% less expensive than the national average of
$338,100 and 46.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Van Buren 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 Van Buren?
To live comfortably in Van Buren (zip 46991), Indiana, a minimum annual income of
$22,680 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Van Buren?
The cost of living in 46991 Van Buren, IN is relatively low. According to the cost of living index, it is about 8% lower than the national average. There are no major industries located in this area, making housing and goods more affordable. Additionally, the median household income here is approximately $51,000 which is slightly below the national average. This helps keep costs down significantly for those who live in this area. Overall, this makes 46991 Van Buren a great place to settle if you are looking for an affordable cost of living without sacrificing too much in terms of job opportunities or amenities.