Cost of Living in Southport, IN

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

Cost of Living Overview

Overall Index

106.0

100 = national avg

+6.0 vs national average

Living Wage (1 Adult)

$46,645

per year

Living Wage (Family of 4)

$110,251

per year

Cost Index by Category

Housing
109.4
Food
102.9
Transportation
105.7
Healthcare
102.3
Utilities
103.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,267

per month

2 Bedroom

$1,473

per month

The overall cost of living index in Southport is 106.0, which is 6.0% above the national average. Housing costs are above the national average at an index of 109.4. A single adult needs to earn approximately $46,645 per year to cover basic expenses.