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Compare the Cost of Living in Indiana against another US State. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. See what you'll need to earn to keep your current standard of living wherever you choose to work and live.
According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $42,697 per year. When compared to the rest of the nation, Indiana has the 8th lowest cost of living, according to MERIC’s 2022 Cost of Living Index.
The cost of living in Indiana is $1949, which is 1.13 times less expensive than the average in the United States. Indiana ranked 39th most expensive and 19th best state to live in the United States.
Indiana gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 0.0% lower than the average for Indiana.
Section 1: Index Values. Section 2: Average Prices. Index and average prices are based on data gathered between Q22023 - Q22024. For more information on the methodology, please visit the ACCRA Cost of Living Index website. Source: C2ER under license to the Indiana Business Research Center at Indiana University's Kelley School of Business.
Summary of cost of living in Indianapolis, IN, United States: A family of four estimated monthly costs are 3,939.8$ without rent (using our estimator) . A single person estimated monthly costs are 1,120.9$ without rent.
NerdWallet's Cost of Living calculator shows you what it costs to live and the quality of life in Indianapolis, IN. We show you the largest costs - housing, gas, food, healthcare - as...
According to the Bureau of Economic Analysis, the average cost of living in Indiana will set you back around $42,697 per year. Housing costs in Indiana. As of March 2023, the average home value in Indiana is estimated to be around $222,592, according to the Zillow Home Value Index as of March 2023.
The cost of living in Indiana is 8% lower than the national average. Housing is 21% lower than the national average, while utilities are 1% higher. When it comes to basic necessities such as food and clothing, groceries are around 5% lower than in the rest of the country, while clothing costs 5% lower.
Compare cost of living in cities in Indiana with factors like salaries, housing expenses, groceries, utilities and more.