Cost of Living in South bend, IN
Housing
The housing market plays a significant role in determining the cost of living in South bend, IN.
- Housing Index: 80.0 / 100
- Median Home Price is: $181000
- Average Rent (2 BR Apartment): $950 per month
- Average Rent (2 BR House): $1000 per month
Considering a move to South bend, IN? With a housing index of 80.0, the affordability mix here is promising. The median home price stands at 181000, suggesting opportunities for homeownership, especially given the steady demand seen in similar regions. Additionally, renting appears reasonable, with average rentals for a 2-bedroom apartment at 950 and a house at 1000. Additionally, the cost of living in South bend is typically lower than national averages, providing a good balance between quality of life and affordability. Make informed choices for your next chapter!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South bend, 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 South bend, 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 South bend is a financially viable option for your relocation.