An amount below 100 means Indiana is cheaper than the US average.
Indiana cost of living is 82.1.
| COST OF LIVING | Indiana | United States |
|---|---|---|
| Median Home Cost | $186,100 | $291,700 |
| Utilities | 97.2 | 100 |
| Transportation | 85.4 | 100 |
| Miscellaneous | 97.3 | 100 |
What is the average living cost 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 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.
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.
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!
Where is the lowest Cost of Living?
Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation. The price of a median, single-family home is $140,818.
What is a good salary in Indiana?
Average Salary in Indiana. $46,491 is the 25th percentile. Salaries below this are outliers. $70,440 is the 75th percentile.
What state has the highest cost of living?
Hawaii
Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average. Hawaii has the highest costs across all indexes, except healthcare.
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 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.
How much money do you need to live comfortably in Indiana?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $27,201 | $59,828 |
| Annual taxes | $5,643 | $12,410 |
| Required annual income before taxes | $32,844 | $72,238 |
What is the cheapest place to live in the US?
Wichita, KS
At $500 median rent per month and a median home price of $147,700, Wichita is the cheapest place to live in America.
Where is it cheapest to live in Indiana?
Here are the top 10 cheapest places to live in Indiana:
- New Whiteland.
- Wabash.
- Rushville.
- North Vernon.
- Elwood.
- Princeton.
- North Manchester.
- Huntington.
How much is gas Indiana?
$3.930
Indiana average gas prices
| Regular | Diesel | |
|---|---|---|
| Current Avg. | $3.930 | $5.365 |
| Yesterday Avg. | $3.958 | $5.401 |
| Week Ago Avg. | $4.131 | $5.527 |
| Month Ago Avg. | $4.757 | $5.919 |
What is the cheapest and safest state to live in?
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 state is the cheapest to buy a house?
West Virginia is the cheapest state to buy a home. A typical home in West Virginia costs $129,103, nearly $30,000 less than Mississippi’s and less than half of the national average. A homebuyer can expect to get 1,792 square feet of living space for that price.
Where in the world can you live on 1000 dollars a month?
1. Argentina. The cost of living in Argentina is up to 60% less than in the United States. You can get by in Argentina for about $1,000 per month.
What state has the lowest average rent?
North Dakota has the nation’s lowest average rent, at just $826 a month, a 3% increase from the previous year.
What is the highest paying job in Indiana?
Consultant And Sales Representative
Detailed List Of Highest Paying Jobs In Indiana
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Consultant And Sales Representative | $198,564 |
| 2 | Pain Management Physician | $177,028 |
| 3 | Vice President, Field Operations | $175,773 |
| 4 | Executive Vice President Of Sales | $174,636 |
What is middle-class in Indiana?
How Much Income Do You Need in Indiana To Be Considered Middle Class. The current median household income for Indiana is $57,603.
What is upper class income Indiana?
In Indianapolis, you would have to earn at least $97,257 to be considered among the top 20% of earners. The super rich, also known as the top 5%, have an average income of $325,191.