Cost of Living in Talma, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.0
100 = national avg
-3.0 vs national average
Living Wage (1 Adult)
$42,663
per year
Living Wage (Family of 4)
$100,840
per year
Cost Index by Category
Housing32.7
Food123.3
Transportation154.0
Healthcare118.6
Utilities100.5
100 = national average. Higher = more expensive.
The overall cost of living index in Talma is 97.0, which is 3.0% below the national average. Housing costs are below the national average at an index of 32.7. A single adult needs to earn approximately $42,663 per year to cover basic expenses.