Cost of Living in Hagerstown, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.1
100 = national avg
-12.9 vs national average
Living Wage (1 Adult)
$38,333
per year
Living Wage (Family of 4)
$90,605
per year
Cost Index by Category
Housing70.9
Food95.4
Transportation104.1
Healthcare96.3
Utilities91.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$729
per month
2 Bedroom
$956
per month
The overall cost of living index in Hagerstown is 87.1, which is 12.9% below the national average. Housing costs are below the national average at an index of 70.9. A single adult needs to earn approximately $38,333 per year to cover basic expenses.