Housing costs in Poneto?
A typical home costs
$174,900, which is 48.3% less expensive than the national average of
$338,100 and 21.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Poneto costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Poneto?
To live comfortably in Poneto (zip 46781), Indiana, a minimum annual income of
$33,480 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Poneto?
The cost of living in 46781 Poneto, IN is quite affordable. The median home cost is $86,400, which is lower than the national average and comparable to other areas in Indiana. In addition, the overall cost of living index is 81.4, which is 18.6 percent lower than the national average. This means that goods and services are relatively inexpensive when compared to other parts of the U.S. Furthermore, with a median household income of $59,028 and an unemployment rate of 3.9%, jobs are also plentiful here. All in all, living in 46781 Poneto makes sense for those who are looking for a low-cost area with plenty of opportunities.