Avon is considered moderately affordable in 2025, with average rent for a 2-bedroom apartment at $1,450 and slightly lower utility costs compared to the national average.
Housing Costs in Avon
Avon offers a mix of housing options, from apartments and townhomes to single-family homes. Rental prices vary based on location and property type, but a typical 2-bedroom apartment in Avon ranges from $1,200 to $1,700 per month. For those looking to purchase a home, a 3-bedroom house can cost anywhere from $250,000 to $400,000, depending on the neighborhood and home features.
Some of the more affordable neighborhoods in Avon include Cobblestone Springs and Avon Trails, where rents tend to be on the lower end of the range. Higher-end options can be found in neighborhoods like Brookstone and Ashford, where larger homes and more amenities are available. It’s important to note that many neighborhoods in Avon have homeowners associations (HOAs), which can add an additional monthly fee of $100 to $300.
- 2-bedroom apartment: $1,200 – $1,700/month
- 3-bedroom house: $250,000 – $400,000
- HOA fees: $100 – $300/month (if applicable)
Utilities and Energy Bills
Utility costs in Avon are generally in line with or slightly lower than the national average. For a typical 2-bedroom apartment, residents can expect to pay around $120 for electricity, $50 for natural gas, $50 for water, and $30 for trash each month. These costs may fluctuate seasonally, with higher electricity bills during the summer months due to increased air conditioning usage.
| Utility | Monthly Cost |
|---|---|
| Electricity | $120 |
| Natural Gas | $50 |
| Water | $50 |
| Trash | $30 |
Groceries and Daily Expenses
The average monthly grocery bill for a single person in Avon is around $300, which includes basic staples and occasional dining out. A family of four can expect to spend closer to $800 per month on groceries. To get a sense of prices, a gallon of milk typically costs $3.50, a loaf of bread is around $2.50, and a dozen eggs are about $2.00.
Dining out in Avon is relatively affordable, with a meal at a casual restaurant averaging $12 to $15 per person. A fast-food combo meal is usually around $8.
Taxes and Hidden Fees
Avon has a property tax rate of 0.97%, which is slightly lower than the national average of 1.07%. For a home valued at $300,000, this translates to an annual property tax bill of approximately $2,910. Indiana also has a state income tax rate of 3.23%, and Hendricks County, where Avon is located, has an additional income tax rate of 1.4%.
Vehicle owners in Avon should be aware of the annual vehicle excise tax, which is based on the value and age of the vehicle. For a car valued at $20,000, the excise tax would be around $400 per year.
| Tax/Fee | Rate |
|---|---|
| Property Tax | 0.97% |
| State Income Tax | 3.23% |
| County Income Tax | 1.4% |
| Vehicle Excise Tax | Varies by vehicle value and age |
Summary Budget Table
| Expense Category | Single Person | Couple | Family of Four |
|---|---|---|---|
| Housing (Rent) | $1,200 | $1,450 | $1,700 |
| Utilities | $250 | $300 | $400 |
| Groceries | $300 | $600 | $800 |
| Transportation | $200 | $300 | $400 |
| Miscellaneous | $200 | $300 | $400 |
| Total Monthly Expenses | $2,150 | $2,950 | $3,700 |
Please note that these figures represent gross monthly income (pre-tax) and may vary based on individual circumstances and lifestyle choices.
Lifestyle Considerations
Avon offers a suburban lifestyle with relatively easy access to Indianapolis, which is about a 20-minute drive away. Many residents choose to live in Avon for its affordability and newer housing options compared to the city center. However, this affordability comes with the tradeoff of longer commute times for those working in Indianapolis.
Within Avon, most amenities are easily accessible, with grocery stores, restaurants, and parks located throughout the town. Avon is known for its strong school system, making it an attractive option for families. Newer developments in Avon tend to offer larger homes and more modern amenities, while older neighborhoods provide more affordable options with slightly smaller living spaces.
For those considering a move to Avon, it’s essential to weigh the benefits of affordability and newer housing against the potential drawbacks of longer commute times and a more suburban lifestyle. Researching specific neighborhoods and their associated costs and amenities can help in making an informed decision.
When planning your move, consider the costs and benefits of different moving options. Pods vs trucks: which move is best for you? Evaluating your specific needs and budget can help you choose the most suitable method for your situation.
Frequently Asked Questions
- Q: What salary do you need to live comfortably in Avon?
A: To live comfortably in Avon, a single person may need a gross monthly income of around $3,200, while a couple would need approximately $4,400, and a family of four would require about $5,500. - Q: Is Avon more affordable than Indianapolis?
A: Yes, Avon is generally more affordable than Indianapolis, particularly when it comes to housing costs. However, this affordability comes with the tradeoff of a longer commute for those working in the city. - Q: What are the top three costs that surprise newcomers to Avon?
A: The top three costs that often surprise newcomers to Avon are:- HOA fees in certain neighborhoods
- Vehicle excise taxes
- Higher summer electricity bills due to air conditioning usage
- Q: Are there any income-based housing options in Avon?
A: While Avon does not have a large number of income-based housing options, there are some affordable housing complexes and programs available through the Indiana Housing and Community Development Authority. - Q: How do Avon’s property taxes compare to other nearby cities?
A: Avon’s property tax rate of 0.97% is lower than some nearby cities, such as Plainfield (1.15%) and Brownsburg (1.05%), making it a relatively affordable option in terms of property taxes.