Cost of Living in Indiana

Indiana has a cost of living index of 95.7, meaning overall expenses are 4.3% lower the national average. With 123 cities tracked in our database, the state offers a wide range of living situations from very affordable small towns to pricier metropolitan areas.

Housing is typically the largest expense category. Average rent in Indiana is approximately $1,189 per month, with significant variation between urban centers and rural communities. Median home values average around $396,076 statewide.

The state income tax rate in Indiana is 3.05%, which directly affects take-home pay. Factor this into salary comparisons when considering a move from states with different tax rates.