Housing costs in Economy?
A typical home costs
$171,400, which is 49.3% less expensive than the national average of
$338,100 and 22.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Economy costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$980.
Can I afford Economy?
To live comfortably in Economy (zip 47339), Indiana, a minimum annual income of
$32,760 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Economy?
The cost of living in 47339 Economy, IN is fairly reasonable compared to other parts of the United States. The overall cost of living index in this area is approximately 93.4, which is lower than the U.S. average of 100. Housing costs are relatively low, with an average home costing around $90,000 and a median rent for a 1 bedroom apartment being around $800 per month. Additionally, transportation expenses are quite low as well due to the fact that there is no public transportation available in the area; however, gas prices are lower than many other areas in Indiana and the US at large. Although food costs may be slightly higher than some other locations due to limited availability, overall the cost of living in 47339 Economy is quite reasonable and affordable given its rural location.