Cost of Living in Sharpsville, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.5
100 = national avg
+11.5 vs national average
Living Wage (1 Adult)
$49,075
per year
Living Wage (Family of 4)
$115,995
per year
Cost Index by Category
Housing84.2
Food119.5
Transportation139.1
Healthcare115.6
Utilities108.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$845
per month
2 Bedroom
$1,109
per month
The overall cost of living index in Sharpsville is 111.5, which is 11.5% above the national average. Housing costs are below the national average at an index of 84.2. A single adult needs to earn approximately $49,075 per year to cover basic expenses.