Cost of Living in Ambia, IN
Housing
The housing market plays a significant role in determining the cost of living in Ambia, IN.
- Housing Index: 91.1 / 100
- Median Home Price is: $52,000
- Average Rent (2 BR Apartment): $1317 per month
- Average Rent (2 BR House): $1431 per month
Considering your interest in moving to Ambia, IN, it’s crucial to note that the housing market is likely experiencing significant challenges, with a housing index of 91.1 indicating minimal demand or value fluctuation. The median home price stands at a low 52000, which may suggest opportunities for buyers seeking affordable homes. However, the average rents for 2-bedroom apartments and houses are both at 1317 and 1431, respectively, indicating that rental markets might be non-existent or dormant. Conduct a thorough examination of the local economy and community services, as those factors could greatly influence your living experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ambia, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $233 per month
Living in Ambia, 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 $233 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 Ambia is a financially viable option for your relocation.