Cost of Living in Knightstown, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.3
100 = national avg
-18.7 vs national average
Living Wage (1 Adult)
$35,761
per year
Living Wage (Family of 4)
$84,526
per year
Cost Index by Category
Housing75.2
Food84.1
Transportation98.7
Healthcare87.3
Utilities85.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$775
per month
2 Bedroom
$956
per month
The overall cost of living index in Knightstown is 81.3, which is 18.7% below the national average. Housing costs are below the national average at an index of 75.2. A single adult needs to earn approximately $35,761 per year to cover basic expenses.