How much does the average house cost in Indiana?
In this article:
|Median Home Values Across the U.S.|
|State||Average FICO® Score||Median Home Value|
What is the average cost of living in Indianapolis Indiana?
Indianapolis cost of living is 83.5
|COST OF LIVING||Indianapolis||Indiana|
|Median Home Cost||$143,000||$142,600|
Why are homes so cheap in Indianapolis?
Houses in Indianapolis are cheap because there is plenty of developable flat land available for new construction and the outlying municipalities aren’t particularly concerned with growth and development limitations. Supply is easy to come by.
Is it expensive to live in Indianapolis?
A cost of living index above 100 means Indiana, Indiana is more expensive….Indiana cost of living is 82.1.
|COST OF LIVING||Indiana||United States|
|Median Home Cost||$142,600||$231,200|
Is 70K a good salary in Indiana?
For single those are all pretty high, but if you can score 70K you’re looking at a pretty comfortable life. My husband and I make 112K combined and have a very comfortable, flexible lifestyle. Hope that helps!
How much money do you need to live comfortably in Indianapolis?
So how did Indy fare? The study says you need to earn $46,016 a year to have enough money for needs and wants. However, the median income for the city is $42,076, a shortfall of $3,940. It’s important to note that the study’s calculation does not include taxes.