Housing costs in Cloverdale?
A typical home costs
$206,300, which is 39.0% less expensive than the national average of
$338,100 and 6.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Cloverdale costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 4.3% cheaper than the state average of
$980.
Can I afford Cloverdale?
To live comfortably in Cloverdale (zip 46120), Indiana, a minimum annual income of
$39,600 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Cloverdale?
Living in 46120 Cloverdale, IN can be quite affordable. According to Expatistan, the cost of living is approximately 8% lower than the US average. The median home price in the area is around $146,400 which is significantly lower than the national median home price of $219,700. Groceries are also fairly affordable with bread costing around $2.25 per loaf and a dozen eggs costing about $1.50. Public transportation options are limited but fuel prices are relatively low at around $2.00 per gallon of gas. Overall, 46120 Cloverdale, IN provides a great balance between affordability and quality of life for those looking for an affordable place to live or visit.