Cost of Living in Marion, IN
Housing
The housing market plays a significant role in determining the cost of living in Marion, IN.
- Housing Index: Data is updating
- Median Home Price is: $134,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the data for Marion, IN, the housing market showcases a median home price of 134000. Notably, the housing index is 0.0, which may indicate either a lack of activity or other underlying issues. With average rents for both 2-bedroom apartments and houses also at 0.0, it raises concerns about rental availability. Before making a decision, it's crucial to investigate further into the local economy and community amenities, as they significantly influence long-term livability and investment potential. Factor in additional living costs to ensure a well-rounded view of relocating to Marion.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marion, 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 Marion, 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 Marion is a financially viable option for your relocation.