Cost of Living in Fredericksburg, IN
Housing
The housing market plays a significant role in determining the cost of living in Fredericksburg, 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
The data for Fredericksburg, IN indicates an exceptionally low housing index of 91.1 with no available figures for the median home price (0) or rent for both 2-bedroom apartments (1317) and houses (1431). Such trends might suggest a lack of housing availability or affordability in the area. It is advisable to investigate local market conditions further, planning guidelines, and economic growth factors to understand the housing dynamics before making a relocation decision. Familiarizing yourself with community resources and employment opportunities can also provide valuable insights.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fredericksburg, 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 Fredericksburg, 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 Fredericksburg is a financially viable option for your relocation.