Housing costs in Wheatfield?
A typical home costs
$275,500, which is 18.5% less expensive than the national average of
$338,100 and 24.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Wheatfield costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Wheatfield?
To live comfortably in Wheatfield (zip 46392), Indiana, a minimum annual income of
$52,920 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Wheatfield?
The cost of living in 46392 Wheatfield, IN is relatively low compared to the rest of the United States. According to the Cost of Living Index (COLI) developed by Sperling's Best Places, Wheatfield has an overall score of 79.4 out of 100 which is lower than both the national average and Indiana state average. The housing market is particularly affordable with a median home price of just $70,700 and rents averaging around $686 per month. Groceries, utilities, and transportation are all among the most affordable categories with prices that are below both the national and Indiana averages. Additionally, consumer goods like clothing and dining out are also all quite affordable in this area. All in all, living in Wheatfield is very economical for those who want to save money while still enjoying a good quality of life.