Housing costs in South Bend?
A typical home costs
$140,500, which is 58.4% less expensive than the national average of
$338,100 and 36.6% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in South Bend costs
$1,080 per month, which is 10.2% more than the national average of
$980 and close to the state average of
$1,070.
Can I afford South Bend?
To live comfortably in South Bend (zip 46615), Indiana, a minimum annual income of
$27,000 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about South Bend?
The cost of living in 46615 South Bend, IN is quite reasonable. Housing costs are particularly low, with a median home value of just $87,100. Renting is also an affordable option, with an average rent of $755 per month for a one-bedroom apartment and $956 per month for a two-bedroom apartment. The overall cost of living in the area is 8% lower than the US average and 9% lower than the Indiana average. Groceries, utilities, transportation costs are all relatively inexpensive as well, making South Bend an attractive option for those looking to live in the Midwest on a budget.