Cost of Living in Cowan, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.7
100 = national avg
+8.7 vs national average
Living Wage (1 Adult)
$47,811
per year
Living Wage (Family of 4)
$113,007
per year
Cost Index by Category
Housing84.1
Food116.3
Transportation132.7
Healthcare113.1
Utilities106.6
100 = national average. Higher = more expensive.
The overall cost of living index in Cowan is 108.7, which is 8.7% above the national average. Housing costs are below the national average at an index of 84.1. A single adult needs to earn approximately $47,811 per year to cover basic expenses.