Housing costs in Mishawaka?
A typical home costs
$179,900, which is 46.8% less expensive than the national average of
$338,100 and 18.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Mishawaka costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 10.9% more than the state average of
$980.
Can I afford Mishawaka?
To live comfortably in Mishawaka (zip 46545), Indiana, a minimum annual income of
$34,560 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Mishawaka?
The cost of living in 46545 Mishawaka, IN is relatively low compared to other parts of the country. The overall cost index is about 9% lower than the national average, making it an affordable place to live. Rent prices for a one bedroom apartment range from $700-900 per month, while two bedroom apartments can range from $850-1100 per month. The median home value in Mishawaka is around $130,000, which is significantly less than most areas elsewhere in the country. Utilities are relatively inexpensive and food prices are on par with the national average. Overall, Mishawaka has an affordable cost of living that makes it a great place to live.