What Is The Cost Of Living In Indiana?

Average Cost of Living in Indiana: $38,097 per year According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $38,097 per year.

Is Indiana expensive to live?

Indiana is the tenth-cheapest state to live in the United States. Average costs are 10% lower than the national average, and costs in all categories are below the national average. Housing in Indiana is the eighth cheapest in the United States.

What is the average monthly cost of living in Indiana?

Summary about cost of living in Indianapolis, IN, United States: Family of four estimated monthly costs are 3,556$ without rent. A single person estimated monthly costs are 1,009$ without rent.

Is it expensive in Indiana?

Living in Indiana is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 10.7% less than they do on average nationwide. Compared with all other states, Indiana has the 12th lowest overall cost of living.

What is the average cost of rent in Indiana?

Indianapolis, IN Rent Trends

Where can I live for $500 a month in USA?

Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:

• Greenville, OH. Listing: Wayne Crossing.
• Wichita, KS. Listing: Eagle Creek.
• Lawton, OK. Listing: Sheridan Square Apartments.
• Amarillo, TX.
• Indianapolis, IN.
• Searcy, AR.
• Shreveport, LA.
• Jackson, MS.

Where is the cheapest state to live?

Here are the 10 most affordable states in the U.S.:

• Indiana. Average cost of living index: 90.57.
• Michigan. Average cost of living index: 90.40.
• Missouri. Average cost of living index: 89.75.
• Tennessee. Average cost of living index: 89.49.
• Georgia. Average cost of living index: 89.30.
• Arkansas.
• Alabama.
• Oklahoma.

What is the cost of living in Indiana 2022?

Average Cost of Living in Indiana: $38,097 per year
According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $38,097 per year.

Is it cheaper to live in Texas or Indiana?

Indiana is 4.7% cheaper than Texas.

Is it cheaper to live in Florida or Indiana?

Indiana is 11.7% cheaper than Florida.

Is Indiana a good state to live in?

Is Indiana a Good Place to Live? Indiana is one of the best states to live in because it boasts the lowest cost of living, low crime rates, and plenty of job opportunities with a growing automotive industry. As the state with the lowest cost of living, it also makes sense that it has incredibly affordable housing.

Which state is most affordable in USA?

Mississippi
Mississippi
Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.

Is Indiana a safe place to live?

At A Glance:
With #1 being the best, Indiana is ranked #21 for property crime out of 50 states + Washington, D.C. You have a 1.97% chance of being a property crime victim in Indiana in the next 12 months. Indiana’s property crime rate is 7% lower than the average crime rate in the United States.

Is rent expensive in Indiana?

The average rent for apartments in Indianapolis, IN, is between $1,090 and $1,420 in 2022. For a studio apartment in Indianapolis, IN, the average rent is $1,090. When it comes to 1-bedroom apartments, the average rent in Indianapolis, IN, is $1,154.

Is cost of living cheap in Indiana?

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!

What state has the highest rent?

These are the states with the highest one-bedroom rent estimates, according to Apartment List:

• California ($1,648)
• New Jersey ($1,516)
• Florida ($1,426)
• Massachusetts ($1,423)
• Virginia ($1,412)
• Maryland ($1,406)
• Colorado ($1,384)
• Washington ($1,360)

What state is the cheapest rent?

Cheapest State for Rent in the US
The least expensive state for rent is West Virginia with an average rent price of $800.

Where can I retire on $1300 a month?

Panama: A Home Away from Home
You can retire comfortably on $1,300 per month, and it’s one of the best countries for quality of life. What’s more, English is widely spoken, and you can use your US money anywhere across the country. The country also offers first-rate hospitals, and many of its doctors are US trained.

Where can you live for free?

Free Land in the US

• Beatrice, Nebraska.
• Buffalo, New York.
• Curtis, Nebraska.
• Elwood, Nebraska.
• Lincoln, Kansas.
• Loup City, Nebraska.
• Mankato, Kansas.
• Manilla, Iowa.

What is the best state to live in financially?

The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.

• New Jersey.
• Hawaii.
• Connecticut.
• Alaska.
• Illinois.

Where is the nicest and cheapest place to live?

The Full List Of The Most Affordable Cities To Live & Work In 2022