Cost of Living in Clay City, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.7
100 = national avg
-9.3 vs national average
Living Wage (1 Adult)
$39,905
per year
Living Wage (Family of 4)
$94,320
per year
Cost Index by Category
Housing60.3
Food102.0
Transportation128.1
Healthcare101.6
Utilities93.3
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 Clay City is 90.7, which is 9.3% below the national average. Housing costs are below the national average at an index of 60.3. A single adult needs to earn approximately $39,905 per year to cover basic expenses.