Cost of Living in Carbon, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.4
100 = national avg
-6.6 vs national average
Living Wage (1 Adult)
$41,082
per year
Living Wage (Family of 4)
$97,103
per year
Cost Index by Category
Housing73.7
Food103.5
Transportation107.0
Healthcare102.8
Utilities96.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$864
per month
2 Bedroom
$1,094
per month
The overall cost of living index in Carbon is 93.4, which is 6.6% below the national average. Housing costs are below the national average at an index of 73.7. A single adult needs to earn approximately $41,082 per year to cover basic expenses.