Cost of Living in Matthews, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.6
100 = national avg
-20.4 vs national average
Living Wage (1 Adult)
$35,035
per year
Living Wage (Family of 4)
$82,811
per year
Cost Index by Category
Housing80.9
Food85.0
Transportation70.1
Healthcare88.0
Utilities87.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$767
per month
2 Bedroom
$956
per month
The overall cost of living index in Matthews is 79.6, which is 20.4% below the national average. Housing costs are below the national average at an index of 80.9. A single adult needs to earn approximately $35,035 per year to cover basic expenses.