Cost of Living in Falmouth, IN
Housing
The housing market plays a significant role in determining the cost of living in Falmouth, IN.
- Housing Index: 91.1 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1317 per month
- Average Rent (2 BR House): $1431 per month
Based on the data provided for Falmouth, IN, it appears that the housing market is currently inactive with a housing index of 91.1 and a median home price of 0. Additionally, the average rent for a 2-bedroom apartment and house stands at 1317 and 1431, reflecting the absence of rental activity. This information suggests that now might be a strategic time for potential buyers looking for the right opportunities, perhaps indicating a favorable market for negotiations. However, you should consider local amenities and employment opportunities as well.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Falmouth, 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 Falmouth, 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 Falmouth is a financially viable option for your relocation.