Cost of Living in Mount Ayr, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.5
100 = national avg
-34.5 vs national average
Living Wage (1 Adult)
$28,827
per year
Living Wage (Family of 4)
$68,136
per year
Cost Index by Category
Housing46.5
Food84.4
Transportation63.5
Healthcare87.5
Utilities79.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,082
per month
2 Bedroom
$1,317
per month
The overall cost of living index in Mount Ayr is 65.5, which is 34.5% below the national average. Housing costs are below the national average at an index of 46.5. A single adult needs to earn approximately $28,827 per year to cover basic expenses.