Cost of Living in Marengo, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
69.2
100 = national avg
-30.8 vs national average
Living Wage (1 Adult)
$30,431
per year
Living Wage (Family of 4)
$71,929
per year
Cost Index by Category
Housing57.0
Food83.2
Transportation66.4
Healthcare86.6
Utilities81.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$852
per month
2 Bedroom
$956
per month
The overall cost of living index in Marengo is 69.2, which is 30.8% below the national average. Housing costs are below the national average at an index of 57.0. A single adult needs to earn approximately $30,431 per year to cover basic expenses.