Cost of Living in Cloverdale, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

78.3

100 = national avg

-21.7 vs national average

Living Wage (1 Adult)

$34,433

per year

Living Wage (Family of 4)

$81,388

per year

Cost Index by Category

Housing
66.5
Food
85.9
Transportation
93.1
Healthcare
88.7
Utilities
84.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$843

per month

2 Bedroom

$1,030

per month

The overall cost of living index in Cloverdale is 78.3, which is 21.7% below the national average. Housing costs are below the national average at an index of 66.5. A single adult needs to earn approximately $34,433 per year to cover basic expenses.