Cost of Living in Cannelton, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.1
100 = national avg
-33.9 vs national average
Living Wage (1 Adult)
$29,073
per year
Living Wage (Family of 4)
$68,717
per year
Cost Index by Category
Housing62.6
Food77.4
Transportation54.9
Healthcare82.0
Utilities79.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$729
per month
2 Bedroom
$956
per month
The overall cost of living index in Cannelton is 66.1, which is 33.9% below the national average. Housing costs are below the national average at an index of 62.6. A single adult needs to earn approximately $29,073 per year to cover basic expenses.