Cost of Living in Shorewood Forest, IN

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

Cost of Living Overview

Overall Index

198.0

100 = national avg

+98.0 vs national average

Living Wage (1 Adult)

$87,110

per year

Living Wage (Family of 4)

$205,897

per year

Cost Index by Category

Housing
228.8
Food
165.7
Transportation
177.2
Healthcare
152.6
Utilities
165.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,082

per month

2 Bedroom

$1,317

per month

The overall cost of living index in Shorewood Forest is 198.0, which is 98.0% above the national average. Housing costs are above the national average at an index of 228.8. A single adult needs to earn approximately $87,110 per year to cover basic expenses.