Cost of Living in Oaktown, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.0
100 = national avg
-38.0 vs national average
Living Wage (1 Adult)
$27,278
per year
Living Wage (Family of 4)
$64,476
per year
Cost Index by Category
Housing61.6
Food73.2
Transportation46.5
Healthcare78.6
Utilities76.3
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 Oaktown is 62.0, which is 38.0% below the national average. Housing costs are below the national average at an index of 61.6. A single adult needs to earn approximately $27,278 per year to cover basic expenses.