Cost of Living in Spencerville, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.9
100 = national avg
-26.1 vs national average
Living Wage (1 Adult)
$32,520
per year
Living Wage (Family of 4)
$76,864
per year
Cost Index by Category
Housing66.1
Food83.3
Transportation75.5
Healthcare86.6
Utilities83.2
100 = national average. Higher = more expensive.
The overall cost of living index in Spencerville is 73.9, which is 26.1% below the national average. Housing costs are below the national average at an index of 66.1. A single adult needs to earn approximately $32,520 per year to cover basic expenses.