Zip 47990 (Waynetown, IN) Cost of Living


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How much do I need to live in Waynetown, Indiana?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 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.

Waynetown cost of living score
75.4
Less expensive
24.6% lower
than the US average
9.9% lower
than the Indiana average
Waynetown (zip 47990), Indiana gets a BestPlaces Cost of Living score of 75.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.6% lower than the U.S. average and 9.9% higher than the average for Indiana.

Zip 47990 (Waynetown, IN)

Housing costs in Waynetown?
A typical home costs $165,800, which is 51.0% less expensive than the national average of $338,100 and 25.2% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Waynetown costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 18.1% cheaper than the state average of $980.

Can I afford Waynetown?
To live comfortably in Waynetown (zip 47990), Indiana, a minimum annual income of $31,680 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Waynetown?
The cost of living in 47990 Waynetown, IN is relatively affordable. The median home value is $121,700, which is lower than the national average of $231,200. Additionally, the median rent price in 47990 Waynetown is around $741 per month, while the national average for rental prices is closer to $1,000 per month. Groceries and other basic necessities are also quite affordable in this area as the cost of consumer goods is 8% lower than the national average. All of these factors combine to make living in 47990 Waynetown an extremely budget-friendly option for many people.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaynetownIndianaUnited States
    Unlock83.7100.0
  92.3  Unlock100.0
    Unlock94.4100.0
  45.9  Unlock100.0
    Unlock$221,600$338,100
  100.9  Unlock100.0
    Unlock85.4100.0
  80.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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