Cost of Living in Shelbyville, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.5
100 = national avg
-7.5 vs national average
Living Wage (1 Adult)
$40,709
per year
Living Wage (Family of 4)
$96,222
per year
Cost Index by Category
Housing92.8
Food94.7
Transportation88.5
Healthcare95.8
Utilities95.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in Shelbyville is 92.5, which is 7.5% below the national average. Housing costs are below the national average at an index of 92.8. A single adult needs to earn approximately $40,709 per year to cover basic expenses.