Cost of Living in Burket, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.3
100 = national avg
-16.7 vs national average
Living Wage (1 Adult)
$36,657
per year
Living Wage (Family of 4)
$86,643
per year
Cost Index by Category
Housing78.0
Food87.3
Transportation92.8
Healthcare89.9
Utilities88.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$881
per month
2 Bedroom
$1,142
per month
The overall cost of living index in Burket is 83.3, which is 16.7% below the national average. Housing costs are below the national average at an index of 78.0. A single adult needs to earn approximately $36,657 per year to cover basic expenses.