Cost of Living in Otterbein, IN

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

Cost of Living Overview

Overall Index

92.9

100 = national avg

-7.1 vs national average

Living Wage (1 Adult)

$40,897

per year

Living Wage (Family of 4)

$96,665

per year

Cost Index by Category

Housing
84.1
Food
98.7
Transportation
97.3
Healthcare
98.9
Utilities
96.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,032

per month

2 Bedroom

$1,242

per month

The overall cost of living index in Otterbein is 92.9, which is 7.1% below the national average. Housing costs are below the national average at an index of 84.1. A single adult needs to earn approximately $40,897 per year to cover basic expenses.