Cost of Living in Trafalgar, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.3
100 = national avg
+14.3 vs national average
Living Wage (1 Adult)
$50,276
per year
Living Wage (Family of 4)
$118,833
per year
Cost Index by Category
Housing105.8
Food113.6
Transportation127.2
Healthcare110.9
Utilities109.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in Trafalgar is 114.3, which is 14.3% above the national average. Housing costs are above the national average at an index of 105.8. A single adult needs to earn approximately $50,276 per year to cover basic expenses.