Housing costs in Markle?
A typical home costs
$220,400, which is 34.8% less expensive than the national average of
$338,100 and 0.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Markle 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 Markle?
To live comfortably in Markle (zip 46770), Indiana, a minimum annual income of
$42,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Markle?
The cost of living in 46770 Markle, IN is quite low compared to other cities in the state. The median home value in Markle is just over $64,000, which is significantly lower than the state median of nearly $134,000. Additionally, the average rental rate for a one-bedroom apartment in the area is $540 per month. This rate is much lower than most cities across Indiana and makes it a great place to live if you want to save money on rent or housing costs. Taxes are also relatively low, with a sales tax rate of just 7%, and property taxes being assessed at a rate of 1% for owner-occupied homes. All of these factors lead to an overall low cost of living in Markle that is sure to attract many people looking for an affordable place to call home.