Cost of Living in Versailles, IN
Housing
The housing market plays a significant role in determining the cost of living in Versailles, IN.
- Housing Index: Data is updating
- Median Home Price is: $162,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data for Versailles, IN, it appears that the housing market is quite favorable, particularly given the median home price of 162000. While essential rent values for both 2-bedroom apartments and houses are not currently available, the low housing index of 0.0 suggests that housing affordability may not be a concern. Typically, a stable or declining home price could indicate opportunities for buyers seeking investment properties or first-time purchases. Additionally, consider exploring local amenities, job opportunities, and community offerings to help enhance your living experience in Versailles.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Versailles, 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 Versailles, 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 Versailles is a financially viable option for your relocation.