Cost of Living in Macy, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.7
100 = national avg
-26.3 vs national average
Living Wage (1 Adult)
$32,419
per year
Living Wage (Family of 4)
$76,628
per year
Cost Index by Category
Housing57.5
Food88.1
Transportation76.2
Healthcare90.5
Utilities84.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$773
per month
2 Bedroom
$956
per month
The overall cost of living index in Macy is 73.7, which is 26.3% below the national average. Housing costs are below the national average at an index of 57.5. A single adult needs to earn approximately $32,419 per year to cover basic expenses.