Cost of Living in Stanford, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
133.5
100 = national avg
+33.5 vs national average
Living Wage (1 Adult)
$58,750
per year
Living Wage (Family of 4)
$138,863
per year
Cost Index by Category
Housing105.5
Food148.1
Transportation120.6
Healthcare138.5
Utilities130.0
100 = national average. Higher = more expensive.
The overall cost of living index in Stanford is 133.5, which is 33.5% above the national average. Housing costs are above the national average at an index of 105.5. A single adult needs to earn approximately $58,750 per year to cover basic expenses.