Housing costs in Middlebury?
A typical home costs
$319,700, which is 5.4% less expensive than the national average of
$338,100 and 44.3% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Middlebury costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$980.
Can I afford Middlebury?
To live comfortably in Middlebury (zip 46540), Indiana, a minimum annual income of
$61,200 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Middlebury?
The cost of living in 46540 Middlebury, IN is relatively low. According to BestPlaces, the cost of living index is 93.2, which is 7.8% lower than the US average. The average rent for an apartment in Middlebury is about $705 per month, and groceries are about 15% cheaper than what you would pay elsewhere in the United States. Utilities like electricity and water are also cheaper here than in most places around the country. In short, living in Middlebury can be a very affordable option for those on a budget.