Cost of Living in Hobart, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.4
100 = national avg
+11.4 vs national average
Living Wage (1 Adult)
$49,003
per year
Living Wage (Family of 4)
$115,824
per year
Cost Index by Category
Housing119.2
Food104.8
Transportation109.6
Healthcare103.8
Utilities106.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,082
per month
2 Bedroom
$1,317
per month
The overall cost of living index in Hobart is 111.4, which is 11.4% above the national average. Housing costs are above the national average at an index of 119.2. A single adult needs to earn approximately $49,003 per year to cover basic expenses.