Cost of Living in Argos, IN
Housing
The housing market plays a significant role in determining the cost of living in Argos, IN.
- Housing Index: 91.1 / 100
- Median Home Price is: $155,000
- Average Rent (2 BR Apartment): $1317 per month
- Average Rent (2 BR House): $1431 per month
Considering your data for Argos, IN, the exceptional median home price of 155000 presents a notable opportunity for prospective homeowners. Despite the housing index being reported at 91.1, which may indicate unique market conditions, the absence of average rent for both 2-bedroom apartments and houses could suggest a lack of rental options or difficulties in the rental market. This situation might lean prospective buyers favorably towards purchasing a home rather than renting. Be informed on local amenities, quality of life, and potential job market to ensure a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Argos, 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 Argos, 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 Argos is a financially viable option for your relocation.