Cost of Living in Austin, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.6
100 = national avg
-32.4 vs national average
Living Wage (1 Adult)
$29,733
per year
Living Wage (Family of 4)
$70,277
per year
Cost Index by Category
Housing61.0
Food73.3
Transportation85.1
Healthcare78.6
Utilities76.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$769
per month
2 Bedroom
$1,009
per month
The overall cost of living index in Austin is 67.6, which is 32.4% below the national average. Housing costs are below the national average at an index of 61.0. A single adult needs to earn approximately $29,733 per year to cover basic expenses.