Cost of Living in Cumberland, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.7
100 = national avg
+17.7 vs national average
Living Wage (1 Adult)
$51,792
per year
Living Wage (Family of 4)
$122,417
per year
Cost Index by Category
Housing113.4
Food114.3
Transportation128.7
Healthcare111.5
Utilities111.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in Cumberland is 117.7, which is 17.7% above the national average. Housing costs are above the national average at an index of 113.4. A single adult needs to earn approximately $51,792 per year to cover basic expenses.