Similar to the surrounding areas, it is significantly less expensive compared to the United States as a whole. Compared to the city of Evansville, it is significantly less expensive.
Home prices
Bone Gap's median home cost is $53,800. It is approximately $1,460 (2%) lower compared to other places in this area.It is approximately $163,700 (75%) lower compared to the entire nation, and in comparison to the city of Evansville is roughly $40,400 (42%) lower.
Rents
Bone Gap's median rent is $295 per month. This is roughly $233 (44%) lower in comparison to other places in this area.It is roughly $767 (72%) lower in comparison to the country as a whole, and it is roughly $479 (61%) lower compared to the city of Evansville.
Nearby places
Browns
Browns is approximately 4 miles south from Bone Gap. The real estate prices there are a bit more expensive. The value of the median home in Browns is $64,100, which works out to $10,300 (16%) higher than Bone Gap. Rents there are a lot more expensive. In Browns the median rent is $525 per month, which is $230 (43%) higher than Bone Gap.
West Salem
West Salem is approximately 5 miles north from Bone Gap. Housing prices there are a little less expensive. The median home in West Salem is valued at $49,400, which is $4,400 (8%) lower than Bone Gap. Rent there is a little more expensive. West Salem's median monthly rent is $383, which comes out to $88 (22%) higher than Bone Gap.
Albion
Albion is approximately 5 miles southwest of Bone Gap. The real estate prices there are somewhat more expensive. The median home value in Albion is $70,100, which comes out to $16,300 (23%) higher than Bone Gap. The rent there is significantly more expensive. The median rent in Albion is $559 per month, which works out to $264 (47%) higher than Bone Gap.
Bellmont
Bellmont is roughly 5 miles southeast from Bone Gap. Real estate prices there are somewhat less expensive. The median home in Bellmont costs $46,000, which works out to $7,800 (16%) lower than Bone Gap. Rent there is a lot more expensive. The median monthly rent in Bellmont is $650, which is $355 (54%) higher than Bone Gap.
Parkersburg
Parkersburg is roughly 10 miles north of Bone Gap. Its real estate prices are a bit less expensive. Parkersburg's median home cost is $46,700, which works out to $7,100 (15%) lower than Bone Gap. Rents there are substantially more expensive. Parkersburg's median rent is $525 per month, which is $230 (43%) higher than Bone Gap.