Housing costs in Gary?
A typical home costs
$72,300, which is 78.6% less expensive than the national average of
$338,100 and 67.4% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Gary costs
$920 per month, which is 6.1% cheaper than the national average of
$980 and 52.2% cheaper than the state average of
$1,400.
Can I afford Gary?
To live comfortably in Gary (zip 46406), Indiana, a minimum annual income of
$13,680 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Gary?
The cost of living in 46406 Gary, IN is relatively low compared to other parts of the country. The median home value in this zip code is around $73,000, making it an affordable area for those looking to buy a home. Additionally, the median household income in Gary is about 6% lower than the national average, meaning that many people are able to live comfortably on their salary. All in all, the cost of living in 46406 Gary, IN is quite reasonable for those looking for a place to settle down.