Cost of Living in Bourbon, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.7
100 = national avg
-3.3 vs national average
Living Wage (1 Adult)
$42,538
per year
Living Wage (Family of 4)
$100,545
per year
Cost Index by Category
Housing85.7
Food104.6
Transportation95.3
Healthcare103.6
Utilities99.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$824
per month
2 Bedroom
$1,008
per month
The overall cost of living index in Bourbon is 96.7, which is 3.3% below the national average. Housing costs are below the national average at an index of 85.7. A single adult needs to earn approximately $42,538 per year to cover basic expenses.