Cost of Living in Fairmount, IN
Housing
The housing market plays a significant role in determining the cost of living in Fairmount, IN.
- Housing Index: Data is updating
- Median Home Price is: $133,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Fairmount, IN? The current housing index stands at 0.0, indicating a potentially unique housing market. The median home price is relatively low at 133000, which could make home ownership more accessible compared to larger cities. However, both the average rent for a 2-bedroom apartment and a 2-bedroom house are currently listed at 0.0 and 0.0, respectively, which may suggest limited availability. It's crucial to weigh these factors against your housing budget and lifestyle preferences during your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fairmount, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Fairmount, 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 data unavailable 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 Fairmount is a financially viable option for your relocation.