Cost of Living in Plymouth, IN
Housing
The housing market plays a significant role in determining the cost of living in Plymouth, IN.
- Housing Index: 85.0 / 100
- Median Home Price is: $166,000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $1000 per month
Considering a move to Plymouth, IN? The current housing index of 85.0 suggests a moderately affordable market. With a median home price of 166000, buying a home could be a viable option, especially compared to monthly rents—averaging 950 for a 2-bedroom apartment and 1000 for a 2-bedroom house. This indicates that renting is slightly cheaper in the short term, but purchasing a home may offer better long-term equity and stability. Overall, evaluate your budget, lifestyle, and long-term plans as you decide.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Plymouth, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Plymouth, 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 $200 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 Plymouth is a financially viable option for your relocation.