
Housing costs in Ellettsville?
A typical home costs
$238,100, which is 29.6% less expensive than the national average of
$338,100 and 7.4% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Ellettsville costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Ellettsville?
To live comfortably in Ellettsville, Indiana, a minimum annual income of
$45,720 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Ellettsville?
Ellettsville, IN is known as a relatively affordable place to live compared to other cities in Indiana. The median home value in Ellettsville is just over $139,000, which is much lower than the median home value in the state of Indiana which stands at around $171,000. Renting a one-bedroom apartment in Ellettsville costs an average of around $638/month. Utilities such as electricity and heating are usually slightly more expensive here than in other parts of the state but still remain fairly low. Additionally, groceries and dining out costs about the same throughout most of Indiana so you can expect the same standard prices when consuming these items in Ellettsville.