Cost of Living in Edgewood, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
120.2
100 = national avg
+20.2 vs national average
Living Wage (1 Adult)
$52,872
per year
Living Wage (Family of 4)
$124,970
per year
Cost Index by Category
Housing116.9
Food115.6
Transportation131.2
Healthcare112.5
Utilities112.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$919
per month
2 Bedroom
$1,206
per month
The overall cost of living index in Edgewood is 120.2, which is 20.2% above the national average. Housing costs are above the national average at an index of 116.9. A single adult needs to earn approximately $52,872 per year to cover basic expenses.