Cost of Living in McCordsville, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
145.5
100 = national avg
+45.5 vs national average
Living Wage (1 Adult)
$64,025
per year
Living Wage (Family of 4)
$151,331
per year
Cost Index by Category
Housing134.6
Food136.7
Transportation173.5
Healthcare129.4
Utilities129.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in McCordsville is 145.5, which is 45.5% above the national average. Housing costs are above the national average at an index of 134.6. A single adult needs to earn approximately $64,025 per year to cover basic expenses.