Cost of Living in Seymour, IN

Housing

The housing market plays a significant role in determining the cost of living in Seymour, IN.

• Housing Index: 90.0 / 100
• Median Home Price is: $189000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1280 per month

Considering a move to Seymour, IN? With a housing index of 90.0, the market appears to be below average, indicating potential affordability. The median home price of 189000 is quite attractive, especially for first-time homebuyers. Additionally, average rental rates for a 2-bedroom apartment and house sit at 1200 and 1280 respectively, suggesting that renting remains a viable option. Overall, this combination offers enticing opportunities for both buyers and renters, making Seymour a promising place to consider for your next home.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Seymour, IN.

• Electricity Price: 14.89 USD (median by state)
• Natural Gas Price: $None USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Seymour, IN could entail higher utility costs. Electricity costs sit at 14.89, while natural gas is priced at None per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 100.2

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $57347

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Seymour, IN, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.