Cost of Living in South Bend, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.5
100 = national avg
-12.5 vs national average
Living Wage (1 Adult)
$38,515
per year
Living Wage (Family of 4)
$91,036
per year
Cost Index by Category
Housing90.0
Food90.1
Transportation80.3
Healthcare92.1
Utilities92.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,105
per month
2 Bedroom
$1,292
per month
The overall cost of living index in South Bend is 87.5, which is 12.5% below the national average. Housing costs are below the national average at an index of 90.0. A single adult needs to earn approximately $38,515 per year to cover basic expenses.