Housing costs in South Bend?
A typical home costs
$229,300, which is 32.2% less expensive than the national average of
$338,100 and 3.5% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in South Bend costs
$1,430 per month, which is 45.9% more than the national average of
$980 and 25.2% more than the state average of
$1,070.
Can I afford South Bend?
To live comfortably in South Bend (zip 46617), Indiana, a minimum annual income of
$43,920 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about South Bend?
The cost of living in 46617 South Bend, IN is relatively low compared to many other areas of the country. According to BestPlaces, the overall cost of living index in 46617 is 70.7, which is lower than the U.S. average of 100. With regard to housing specifically, the rent index for 46617 is only 44.1, making it an ideal location for those looking for affordable housing options. Groceries and transportation costs are also lower than averages at 79 and 80 respectively, adding further value to the area鈥檚 overall affordability.