Cost of Living in Homecroft, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
119.0
100 = national avg
+19.0 vs national average
Living Wage (1 Adult)
$52,366
per year
Living Wage (Family of 4)
$123,774
per year
Cost Index by Category
Housing118.4
Food113.7
Transportation127.4
Healthcare111.0
Utilities111.9
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 Homecroft is 119.0, which is 19.0% above the national average. Housing costs are above the national average at an index of 118.4. A single adult needs to earn approximately $52,366 per year to cover basic expenses.