Cost of Living in Washington, IN
Housing
The housing market plays a significant role in determining the cost of living in Washington, IN.
- Housing Index: 85.0 / 100
- Median Home Price is: $189,000
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1400 per month
When considering a move to Washington, IN, the housing index currently stands at 85.0, indicating a relatively affordable market. With a median home price of 189000 and both average rent for a 2-bedroom apartment and house at 1400, renting seems comparable to buying. This scenario suggests that purchasing a home might be a more viable long-term investment depending on local market trends. Additionally, the cost of living, community amenities, and local job opportunities are critical factors to consider in your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Washington, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Washington, 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 $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 Washington is a financially viable option for your relocation.