Cost of Living in Parkers Settlement, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.0
100 = national avg
+10.0 vs national average
Living Wage (1 Adult)
$48,419
per year
Living Wage (Family of 4)
$114,445
per year
Cost Index by Category
Housing100.5
Food116.1
Transportation102.6
Healthcare112.8
Utilities109.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$860
per month
2 Bedroom
$1,113
per month
The overall cost of living index in Parkers Settlement is 110.0, which is 10.0% above the national average. Housing costs are above the national average at an index of 100.5. A single adult needs to earn approximately $48,419 per year to cover basic expenses.