Cost of Living in Hamlet, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.4
100 = national avg
-7.6 vs national average
Living Wage (1 Adult)
$40,636
per year
Living Wage (Family of 4)
$96,048
per year
Cost Index by Category
Housing73.2
Food102.5
Transportation105.1
Healthcare102.0
Utilities96.2
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 Hamlet is 92.4, which is 7.6% below the national average. Housing costs are below the national average at an index of 73.2. A single adult needs to earn approximately $40,636 per year to cover basic expenses.