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Cost of Living in Greene County

Is it better to rent or buy in Greene County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$63,266
$798/mo

Median in area: $798

$152,660

Median in area: $152,660

$30,532

If you Rent

🔑
$1,032 /mo
Base Rent$798
Est. Utilities$234
% of Income19.6%
Pre-tax Residual$4,240

If you Buy

🏠
$1,202 /mo
P&I (7.167%)$826
Taxes & Ins$142
Est. Utilities$234
% of Income22.8%
Pre-tax Residual$4,070

Compare Nearby Areas

See how Greene County stacks up against neighboring areas.

countyDaviess County, IN
$779/mo
countyMartin County, IN
$690/mo
countyMonroe County, IN
$1,138/mo
countySullivan County, IN
$854/mo
countyOwen County, IN
$875/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Greene County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Greene County. The estimated all-in monthly cost for renting is $1,032, while owning a median-priced home with a 20% down payment is roughly $1,202 per month (a difference of $170).

How much do utilities cost in Greene County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Greene County is approximately $234. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Greene County?›

To comfortably afford the median rent and utilities in Greene County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $41,280 per year.