Cost of Living in Indiana
Overall index: 90.7 — ranked #42 of 51 (below average cost).
Where your money goes in Indiana
Estimated spending breakdown on a $75,000 salary in Indiana
Estimated annual spending: $58,405($16,595 remaining)
What things cost in Indiana
| Item | Indiana | US Average | Difference |
|---|---|---|---|
| Median home price | $230,000 | $360,000 | $-130,000 |
| Average 2BR rent | $1,056/mo | $1,400/mo | $-344 |
| Gas (regular) | $3.49/gal | $3.50/gal | $0.01 |
| Electric bill | $101/mo | $137/mo | $36 |
| Infant childcare | $14,471/yr | $13,500/yr | +$971 |
| Dozen eggs | $4.91 | $4.95 | $0.04 |
| Monthly groceries | $407/mo | $410/mo | $3 |
Sources: AAA gas prices, EIA electricity, Zillow ZHVI, Child Care Aware, MERIC/C2ER indices. Eggs and groceries estimated from MERIC grocery index applied to BLS averages.
Cost of living index by category
National average = 100 for each category
Salary equivalent: Indiana vs national average
What a salary in Indiana is actually worth in national-average purchasing power.
| Salary | Purchasing power | Difference |
|---|---|---|
| $50,000 | $45,350 | $-4,650 |
| $75,000 | $68,025 | $-6,975 |
| $100,000 | $90,700 | $-9,300 |
| $125,000 | $113,375 | $-11,625 |
| $150,000 | $136,050 | $-13,950 |
| $200,000 | $181,400 | $-18,600 |
Negative difference means your money goes further in Indiana than the national average.
Compare Indiana with other states
FAQ
What is the cost of living in Indiana?
Indiana has an overall cost-of-living index of 90.7, making it below average cost (ranked #42 of 51 states, where #1 is most expensive). The national average is 100. Housing is the biggest factor — median home prices are $230,000 and average 2-bedroom rent is $1,056/month.
Is Indiana expensive to live in?
No, Indiana is more affordable than most states with an overall index of 90.7 (average = 100). Housing is particularly affordable at 75.4% of the national average.
How much does housing cost in Indiana?
The median home price in Indiana is $230,000 and average 2-bedroom rent is $1,056/month. Indiana's housing index is 75.4 (national average = 100), meaning housing is 24.599999999999994% below the national average.
How much are groceries in Indiana?
Indiana's grocery index is 99.2 (national average = 100). A dozen eggs costs approximately $4.91 and a typical monthly grocery bill for a household runs about $407, compared to the national average of $410.
What is the average electric bill in Indiana?
The average monthly electric bill in Indiana is $101 based on the state's residential rate of 11.38¢/kWh and average household consumption of 886 kWh/month (EIA 2024).
How much does childcare cost in Indiana?
Center-based infant childcare in Indiana averages $14,471/year ($1,206/month). The national average is approximately $13,500/year. This data is from Child Care Aware of America's 2024 report.
What salary do I need to live comfortably in Indiana?
A $75,000 salary in Indiana has the same purchasing power as $82,690 at the national average cost of living. Your salary goes about as far as the national average. Use the calculator above with your specific salary to see how it compares.
Where does this data come from?
Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.
Related tools
- Indiana Paycheck Calculator — Calculate take-home pay after Indiana taxes
- House Affordability in Indiana — How much house can you afford?
- Take-Home Pay by State — Compare Indiana take-home pay across all 50 states
- Compare Job Offers — Factor in salary, equity, and cost of living
- Compare any two states
Based on MERIC/C2ER 2025 indices, AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), and Zillow home values (2024-2025). Individual costs vary by city, neighborhood, and lifestyle.