Housing costs in McCordsville?
A typical home costs
$339,100, which is 0.3% more expensive than the national average of
$338,100 and 53.0% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in McCordsville costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and 21.6% more than the state average of
$980.
Can I afford McCordsville?
To live comfortably in McCordsville, Indiana, a minimum annual income of
$64,800 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about McCordsville?
The cost of living in McCordsville, IN is quite reasonable compared to many other parts of the country. According to BestPlaces, the overall cost of living index in McCordsville is 14% lower than the national average. Groceries in particular are 8% lower than the national average. Housing costs are slightly higher than the national average by around 4%. Despite this, housing costs still remain affordable and much cheaper than a number of other areas throughout the US. It is also worth noting that taxes in McCordsville are considerably lower than in many other cities, which helps to offset any additional housing costs. In conclusion, McCordsville offers a comfortable lifestyle at an affordable price.