Cost of Living in Spiceland, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.3
100 = national avg
-9.7 vs national average
Living Wage (1 Adult)
$39,716
per year
Living Wage (Family of 4)
$93,874
per year
Cost Index by Category
Housing70.8
Food98.7
Transportation112.4
Healthcare98.9
Utilities93.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$775
per month
2 Bedroom
$956
per month
The overall cost of living index in Spiceland is 90.3, which is 9.7% below the national average. Housing costs are below the national average at an index of 70.8. A single adult needs to earn approximately $39,716 per year to cover basic expenses.