Cost of Living in Wabash, IN
Housing
The housing market plays a significant role in determining the cost of living in Wabash, IN.
- Housing Index: 85.0 / 100
- Median Home Price is: $98,000
- Average Rent (2 BR Apartment): $750 per month
- Average Rent (2 BR House): $800 per month
Considering a move to Wabash, IN? With a housing index of 85.0, it indicates a generally affordable market. The median home price stands at 98000, making homeownership viable for many. If renting is more your style, expect to pay about 750 for a 2-bedroom apartment, or 800 for a 2-bedroom house, both of which align with budget-conscious living. Remember, low housing costs can also positively impact your overall quality of life, allowing for more savings and flexibility in your lifestyle choices.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wabash, 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 Wabash, 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 Wabash is a financially viable option for your relocation.