Cost of Living in Russellville, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.8
100 = national avg
-14.2 vs national average
Living Wage (1 Adult)
$37,760
per year
Living Wage (Family of 4)
$89,250
per year
Cost Index by Category
Housing50.6
Food104.6
Transportation109.2
Healthcare103.7
Utilities92.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$843
per month
2 Bedroom
$1,030
per month
The overall cost of living index in Russellville is 85.8, which is 14.2% below the national average. Housing costs are below the national average at an index of 50.6. A single adult needs to earn approximately $37,760 per year to cover basic expenses.