Housing costs in Holland?
A typical home costs
$173,800, which is 48.6% less expensive than the national average of
$338,100 and 21.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Holland costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Holland?
To live comfortably in Holland (zip 47541), Indiana, a minimum annual income of
$33,480 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Holland?
The cost of living in 47541 Holland, IN is fairly low compared to many other areas. According to BestPlaces, the overall cost of living index for this area is around 84.2, which is lower than the national average of 100. Rent in this area is quite affordable, with a one-bedroom apartment costing around $630-750 per month and utilities running about $150 per month. Food costs are also relatively low, at roughly 10% less than the US average. Overall, the cost of living in 47541 Holland is quite reasonable and should be considered by those looking for a more budget friendly place to live.