Cost of Living in Clay city, IN
Housing
The housing market plays a significant role in determining the cost of living in Clay city, IN.
- Housing Index: 91.1 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1317 per month
- Average Rent (2 BR House): $1431 per month
Considering a move to Clay city, IN? With a median home price of 150000, transitioning to homeownership here could be a more budget-friendly option compared to renting. However, it's intriguing to note that the housing index stands at 91.1, indicating potential fluctuations in the market. Additionally, the absence of rental data for a 2-bedroom apartment and house suggests that rental options may be limited or underreported. Investigating these factors can guide a well-rounded decision, ensuring that you evaluate both housing purchase and rental possibilities carefully.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clay city, 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 Clay city, 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 Clay city is a financially viable option for your relocation.