Housing costs in Peru?
A typical home costs
$113,500, which is 66.4% less expensive than the national average of
$338,100 and 48.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Peru costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Peru?
To live comfortably in Peru, Indiana, a minimum annual income of
$21,600 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Peru?
The cost of living in Peru, IN is quite affordable compared to other cities. According to a survey conducted by Sperling's Best Places, the overall cost of living index stated that the city has a score of 77.9, which is lower than the U.S average score of 100. This means that groceries, health care, housing and transportation costs are all relatively cheaper in Peru than many other cities. Grocery costs are particularly low in Peru with an index score of 86.6, while housing expenses come in at 80.3 on the index. Transportation costs are also quite low with an index score of 85, making it easy and economical for residents to get around the city.