Cost of Living in New Pekin, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

81.0

100 = national avg

-19.0 vs national average

Living Wage (1 Adult)

$35,640

per year

Living Wage (Family of 4)

$84,240

per year

Cost Index by Category

Housing
76.1
Food
88.6
Transportation
77.2
Healthcare
90.9
Utilities
88.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$753

per month

2 Bedroom

$988

per month

The overall cost of living index in New Pekin is 81.0, which is 19.0% below the national average. Housing costs are below the national average at an index of 76.1. A single adult needs to earn approximately $35,640 per year to cover basic expenses.