Cost of Living in Lynn, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.2
100 = national avg
-29.8 vs national average
Living Wage (1 Adult)
$30,893
per year
Living Wage (Family of 4)
$73,020
per year
Cost Index by Category
Housing58.0
Food84.0
Transportation67.9
Healthcare87.2
Utilities82.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$841
per month
2 Bedroom
$956
per month
The overall cost of living index in Lynn is 70.2, which is 29.8% below the national average. Housing costs are below the national average at an index of 58.0. A single adult needs to earn approximately $30,893 per year to cover basic expenses.