Cost of Living in Beech Grove, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.6
100 = national avg
-11.4 vs national average
Living Wage (1 Adult)
$39,000
per year
Living Wage (Family of 4)
$92,183
per year
Cost Index by Category
Housing98.6
Food87.8
Transportation75.6
Healthcare90.2
Utilities92.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in Beech Grove is 88.6, which is 11.4% below the national average. Housing costs are below the national average at an index of 98.6. A single adult needs to earn approximately $39,000 per year to cover basic expenses.