Indiana cost of living is 82.1
COST OF LIVING | Indiana | United States |
---|---|---|
Grocery | 92.9 | 100 |
Health | 82.2 | 100 |
Housing | 61.7 | 100 |
Median Home Cost | $186,100 | $291,700 |
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Is it expensive to live in Indiana?
With an overall cost of living index of 90.4, Indiana comes in at number ten for most affordable cost of living in the U.S, but that definitely doesn’t mean it’s expensive!The median price for a house in the Hoosier State is $142,600, while $662 is the average monthly rent for a one-bedroom apartment.
What is the average monthly cost of living in Indiana?
U.S. Cost of living comparison by state
State | Annual Mean Wage (All Occupations) | Median Monthly Rent |
---|---|---|
Hawaii | $58,190 | $2,481 |
Idaho | $46,800 | $1,238 |
Illinois | $58,070 | $1,463 |
Indiana | $48,650 | $1,113 |
What is the cost of living in Indiana 2021?
Comparison Highlights
Cost of Living Indexes | Indianapolis, IN | Difference |
---|---|---|
Overall Index: Homeowner, No Child care, Taxes Not Considered | 84.9 | 5.1% less |
Food & Groceries | 93.6 | 2.4% less |
Housing (Homeowner) | 61.9 | 5.7% less |
Median Home Cost | $183,000 | $10,400 (5.7% less) |
Is Indiana affordable?
A recent report by GOBankingRates has Indiana ranked as one of the top three most affordable states to live.Indiana came in as the third most affordable, following Oklahoma and Michigan.
Where is the cheapest cost of living?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states.
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
- Arkansas. The state with the third-lowest cost of living in Arkansas.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
How much money do you need to live comfortably in Indiana?
Typical Expenses
1 ADULT | 2 ADULTS (BOTH WORKING) | |
---|---|---|
0 Children | 1 Child | |
Required annual income after taxes | $23,105 | $51,523 |
Annual taxes | $4,850 | $10,816 |
Required annual income before taxes | $27,955 | $62,339 |
Is Indiana a cheap state to live in?
Indiana
Rounding out the top ten cheapest U.S. states is Indiana. Indiana’s living index cost is 90.4, meaning that the overall cost of living is 9.6% less than the national average. Indiana’s housing index is low at 76.5. A two-bedroom apartment is around $750 a month, and the average home value is about $169,156.
How much do utilities cost per month in Indiana?
The website that aims to help movers estimates Indiana residents pay an average of $411.36 a month for utilities: $108.09 for electricity, $103.17 for natural gas, $60.16 for internet, $100 for cable television, and $40 for water.
How much is a gallon of milk in Indiana?
Complete data
[hide]Milk prices by state, September 2018 | ||
---|---|---|
State | State capital (or other large city) | Cost |
Idaho | Boise | $1.69 |
Illinois | Springfield | $0.93 |
Indiana | Indianapolis | $1.49 |
How much does it cost to live alone in Indiana?
A cost of living index above 100 means Indiana, Indiana is more expensive.
Indiana cost of living is 82.1.
COST OF LIVING | Indiana | United States |
---|---|---|
Overall | 82.1 | 100 |
Grocery | 92.9 | 100 |
Health | 82.2 | 100 |
Housing | 61.7 | 100 |
Where does Indiana rank in cost of living?
The city with the lowest cost of living index for 2021 was Joplin, with an index of 83.9. The city with the highest cost of living was St.
2021 Third Quarter 2021 Cost of Living.
Rank | 1 | 11 |
---|---|---|
State | Mississippi | Indiana |
Index | 85.1 | 91.1 |
Grocery | 95.3 | 93.9 |
Housing | 66.4 | 77.8 |
Is Indiana safe to live?
When compared to other states around the country, Indiana tends to fall in the middle as a safe place to live. However, when you compare Indiana’s crime rates to neighboring states, the Hoosier State is a much safer place to call home. There are small towns in Indiana that are charming and downright delightful.
What is the cheapest state to buy a house?
- Mississippi. Mississippi is the cheapest state to buy a home in with a median home value of $114,500.
- West Virginia. West Virginia is the second-cheapest state to buy a home.
- Arkansas. Arkansas’s median home value is about $123,300, the third-lowest in the country.
- Oklahoma.
- Kentucky.
- Indiana.
- Alabama.
- Ohio.
Does it snow a lot in Indiana?
Indianapolis, Indiana gets 42 inches of rain, on average, per year. The US average is 38 inches of rain per year. Indianapolis averages 22 inches of snow per year.
Is Indiana a good place to live?
Anyone looking to relocate to the Hoosier State will also be happy to know home prices in Indiana are among the most affordable in the country. As well, the state boasts a strong economy that is about the size of Norway, according to the American Enterprise Institute.1 best place to live in America in 2017.
Where can I live for $500 a month?
5 Places to Retire for Under $500 per Month
- Leon, Nicaragua.
- Medellin, Colombia.
- Las Tablas, Panama.
- Chiang Mai, Thailand.
- Languedoc-Roussillon, France.
- Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.
What is the safest and cheapest state to live in?
10 best states to live in, based on cost, safety and quality of life
- New York. Total score: 61.63.
- Idaho. Total score: 61.16.
- Minnesota. Total score: 60.97.
- Wisconsin. Total score: 60.94.
- Utah. Total score: 59.84.
- New Hampshire. Total score: 59.59.
- Iowa. Total score: 59.49.
- Pennsylvania. Total score: 59.21.
Where I can live for free?
Here is a list of all the towns in the US offering free land for living there:
- Beatrice, Nebraska.
- Buffalo, New York.
- Curtis, Nebraska.
- Elwood, Nebraska.
- Lincoln, Kansas.
- Loup City, Nebraska.
- Mankato, Kansas.
- Manilla, Iowa.
What is Indiana’s minimum wage 2021?
$7.25
The Indiana minimum wage is $7.25 an hour, the same as the federal minimum wage. Employers that have two or more employees must follow this minimum wage.
Is $17 an hour good?
When we ran all of our numbers to figure out how much is $17 per hour is as an annual salary, we used the average working day of 40 hours a week.
$17 Per Hour is…
$17 per Hour – Full Time | Total Income |
---|---|
Weekly (40 Hours) | $680 |
Bi-Weekly (80 Hours) | $1,360 |
Daily Wage (8 Hours) | $136 |
Net Estimated Monthly Income | $2,250 |