Cost of Living in Bainbridge, IN
Housing
The housing market plays a significant role in determining the cost of living in Bainbridge, IN.
- Housing Index: 85.0 / 100
- Median Home Price is: $169,000
- Average Rent (2 BR Apartment): $1280 per month
- Average Rent (2 BR House): $1365 per month
Considering a move to Bainbridge, IN? With a housing index of 85.0, which is relatively favorable, the median home price is set at 169000, making homeownership accessible compared to national averages. Additionally, average rents for a 2-bedroom apartment are around 1280 and for a 2-bedroom house are 1365. This balance suggests that whether you prefer renting or buying, the market presents viable options for both lifestyles. Investigating local amenities, schools, and job opportunities can further enhance your moving decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bainbridge, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Bainbridge, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bainbridge is a financially viable option for your relocation.