Cost of Living in Kennard, IN

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

Cost of Living Overview

Overall Index

92.6

100 = national avg

-7.4 vs national average

Living Wage (1 Adult)

$40,754

per year

Living Wage (Family of 4)

$96,327

per year

Cost Index by Category

Housing
86.8
Food
97.2
Transportation
94.4
Healthcare
97.8
Utilities
95.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$775

per month

2 Bedroom

$956

per month

The overall cost of living index in Kennard is 92.6, which is 7.4% below the national average. Housing costs are below the national average at an index of 86.8. A single adult needs to earn approximately $40,754 per year to cover basic expenses.