Housing costs in Galena?
A typical home costs
$248,900, which is 26.4% less expensive than the national average of
$338,100 and 12.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Galena costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 10.9% more than the state average of
$980.
Can I afford Galena?
To live comfortably in Galena, Indiana, a minimum annual income of
$47,520 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Galena?
The cost of living in Galena, IN is quite reasonable. The median home value is around $112,000, with the median rent estimated at $675 per month. This makes it an affordable place to live for those who don't want to break the bank on their housing costs. Groceries are also quite inexpensive when compared to other cities. Taxes are also relatively low in Indiana, which adds extra savings for residents. Overall, living in Galena is a great choice for those looking to save money while still enjoying all that the city has to offer.