Cost of Living in Charlestown, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.9
100 = national avg
+6.9 vs national average
Living Wage (1 Adult)
$47,029
per year
Living Wage (Family of 4)
$111,159
per year
Cost Index by Category
Housing96.3
Food109.3
Transportation118.5
Healthcare107.4
Utilities104.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,047
per month
2 Bedroom
$1,272
per month
The overall cost of living index in Charlestown is 106.9, which is 6.9% above the national average. Housing costs are below the national average at an index of 96.3. A single adult needs to earn approximately $47,029 per year to cover basic expenses.