Cost of Living in Boswell, IN
Housing
The housing market plays a significant role in determining the cost of living in Boswell, IN.
- Housing Index: 91.1 / 100
- Median Home Price is: $115,000
- Average Rent (2 BR Apartment): $1317 per month
- Average Rent (2 BR House): $1431 per month
Considering the data for Boswell, IN, the housing market presents a unique opportunity with a median home price of 115000. The housing index is currently at 91.1, suggesting either a lack of sufficient data or a highly competitive market. With both average rent for a 2-bedroom apartment and house currently absent, potential homebuyers might find purchasing is more financially viable than renting in this market. Overall, if you're searching for affordability and potential growth, this might be a promising location to invest. Keep an eye on emerging trends!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Boswell, 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 Boswell, 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 Boswell is a financially viable option for your relocation.