Cost of Living in Mitchell, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.6
100 = national avg
-23.4 vs national average
Living Wage (1 Adult)
$33,709
per year
Living Wage (Family of 4)
$79,676
per year
Cost Index by Category
Housing69.4
Food84.8
Transportation79.2
Healthcare87.9
Utilities84.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$729
per month
2 Bedroom
$956
per month
The overall cost of living index in Mitchell is 76.6, which is 23.4% below the national average. Housing costs are below the national average at an index of 69.4. A single adult needs to earn approximately $33,709 per year to cover basic expenses.