Zip 46074 (Westfield, IN) Cost of Living


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Westfield cost of living score
106
More expensive
6.0% higher
than the US average
26.6% higher
than the Indiana average
Westfield (zip 46074), Indiana gets a BestPlaces Cost of Living score of 106, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.0% higher than the U.S. average and 26.6% higher than the average for Indiana.

Zip 46074 (Westfield, IN)

Housing costs in Westfield?
A typical home costs $465,600, which is 37.7% more expensive than the national average of $338,100 and 110.1% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Westfield costs $1,320 per month, which is 7.7% cheaper than the national average of $1,430 and 25.8% more than the state average of $980.

Can I afford Westfield?
To live comfortably in Westfield (zip 46074), Indiana, a minimum annual income of $89,280 for a family, and $44,400 for a single person is recommended.

What does A.I. say about Westfield?
The cost of living in 46074 Westfield, IN is relatively affordable compared to other areas of the country. The median home price is around $200,000, and the median renter’s monthly rent averages about $1,100. Groceries are also relatively inexpensive and residents can buy milk for as low as $2 a gallon and eggs for just under $3 a dozen. Utilities are also very reasonable with natural gas costing an average of $63 per month and electricity averaging around $123 per month. Overall, the cost of living in 46074 Westfield is quite reasonable and should be achievable on most budgets.
   Cost of living score
     CategoriesWestfieldIndianaUnited States
  106.083.7100.0
  99.892.9100
  99.594.4100.0
  130.263.8100.0
  $465,600$221,600$338,100
  96.1%97.2%100.0%
  90.685.4100.0
  133.2102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime