Cost of Living in Mooreland, IN
Housing
The housing market plays a significant role in determining the cost of living in Mooreland, IN.
- Housing Index: 91.1 / 100
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): $1317 per month
- Average Rent (2 BR House): $1431 per month
In Mooreland, IN, the current housing index stands at 91.1, indicating a unique housing market landscape. With a median home price of 125000, it's an affordable entry point for prospective buyers. Unfortunately, there are no available figures for average rent on 2-bedroom apartments or houses, which may suggest a low rental inventory or a nascent rental market. As the market evolves, it's essential to stay informed about rental pricing and trends, as they can greatly impact your decision to buy or rent in Mooreland.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mooreland, 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 Mooreland, 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 Mooreland is a financially viable option for your relocation.