Cost of Living in Rensselaer, IN
Housing
The housing market plays a significant role in determining the cost of living in Rensselaer, IN.
- Housing Index: Data is updating
- Median Home Price is: $205000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Rensselaer, IN, the housing index currently stands at 0.0. The median home price of 205000 suggests a moderately affordable entry point for potential homeowners. However, the data on average rents for a 2-bedroom apartment and a 2-bedroom house indicates a need for more information, as both are listed as zero. This could imply a lack of availability or recent listings. Researching local rental markets further would be prudent to gauge the full housing landscape before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rensselaer, 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 Rensselaer, 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 Rensselaer is a financially viable option for your relocation.