Zip 47597 (Wheatland, IN) Cost of Living


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United States / Indiana / Vincennes Metro Area / Knox County / No City / Wheatland (zip 47597)
How much do I need to live in Wheatland, Indiana?
$2,250 / month
for a family, 58.3% less expensive than the national average A total of $27,000 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.

Wheatland cost of living score
69.2
Less expensive
30.8% lower
than the US average
17.3% lower
than the Indiana average
Wheatland (zip 47597), Indiana gets a BestPlaces Cost of Living score of 69.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.8% lower than the U.S. average and 17.3% higher than the average for Indiana.

Zip 47597 (Wheatland, IN)

Housing costs in Wheatland?
A typical home costs $141,800, which is 58.1% less expensive than the national average of $338,100 and 36.0% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Wheatland costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 15.3% cheaper than the state average of $980.

Can I afford Wheatland?
To live comfortably in Wheatland (zip 47597), Indiana, a minimum annual income of $27,000 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Wheatland?
The cost of living in 47597 Wheatland, IN is relatively low compared to other parts of Indiana. The median home value in the area is around $106,000 and the median rent price is just over $600 per month. Additionally, groceries, health care, transportation and utilities are all well below the national average. This makes it an affordable place to live for people on a budget or those looking to save money.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWheatlandIndianaUnited States
    Unlock83.7100.0
  89.3  Unlock100.0
    Unlock94.4100.0
  37.2  Unlock100.0
    Unlock$221,600$338,100
  97.7  Unlock100.0
    Unlock85.4100.0
  75.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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