Cost of Living in Canton, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.3
100 = national avg
-7.7 vs national average
Living Wage (1 Adult)
$40,630
per year
Living Wage (Family of 4)
$96,035
per year
Cost Index by Category
Housing67.2
Food105.0
Transportation110.1
Healthcare104.0
Utilities96.5
100 = national average. Higher = more expensive.
The overall cost of living index in Canton is 92.3, which is 7.7% below the national average. Housing costs are below the national average at an index of 67.2. A single adult needs to earn approximately $40,630 per year to cover basic expenses.