Cost of Living in Fairland, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.5
100 = national avg
-15.5 vs national average
Living Wage (1 Adult)
$37,167
per year
Living Wage (Family of 4)
$87,850
per year
Cost Index by Category
Housing91.0
Food86.3
Transportation72.6
Healthcare89.0
Utilities90.0
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 Fairland is 84.5, which is 15.5% below the national average. Housing costs are below the national average at an index of 91.0. A single adult needs to earn approximately $37,167 per year to cover basic expenses.