Housing costs in Roselawn?
A typical home costs
$182,400, which is 46.1% less expensive than the national average of
$338,100 and 17.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Roselawn costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 3.0% more than the state average of
$980.
Can I afford Roselawn?
To live comfortably in Roselawn, Indiana, a minimum annual income of
$34,920 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Roselawn?
The cost of living in Roselawn, IN is quite reasonable. The median household income here is around $47,717 and the poverty rate is 13%. Housing costs are low compared to other similar cities in Indiana with a median home value of around $84,400 and an average rent of just over $1000 per month. Residents also benefit from a very low sales tax rate of just 7%, which helps keep the overall cost of living low. Additionally, the unemployment rate is well below the national average at 4.7%. All this combined creates an environment where Roselawn is a great place to live for those looking for a reasonably priced place to call home.