Cost of Living in Indian Village, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

109.8

100 = national avg

+9.8 vs national average

Living Wage (1 Adult)

$48,299

per year

Living Wage (Family of 4)

$114,161

per year

Cost Index by Category

Housing
103.7
Food
109.4
Transportation
118.9
Healthcare
107.6
Utilities
106.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,105

per month

2 Bedroom

$1,292

per month

The overall cost of living index in Indian Village is 109.8, which is 9.8% above the national average. Housing costs are above the national average at an index of 103.7. A single adult needs to earn approximately $48,299 per year to cover basic expenses.