Housing costs in Young America?
A typical home costs
$62,100, which is 81.6% less expensive than the national average of
$338,100 and 72.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Young America costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 48.5% cheaper than the state average of
$980.
Can I afford Young America?
To live comfortably in Young America (zip 46998), Indiana, a minimum annual income of
$11,880 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Young America?
The cost of living in 46998 Young America, IN is very affordable. The median home value is just over $110,000 and the median rent is only around $714 per month. The cost of utilities are also very low, at an average of just $211 per month. Taxes are also fairly low, as the state income tax rate sits at 3.23%, and the sales tax rate sits at 7%. In addition, groceries and healthcare costs are both fairly inexpensive here in Young America. All these factors combine to make this area a great option for those looking for an affordable place to live with plenty of amenities nearby.