Cost of Living in Westfield, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
166.4
100 = national avg
+66.4 vs national average
Living Wage (1 Adult)
$73,218
per year
Living Wage (Family of 4)
$173,060
per year
Cost Index by Category
Housing179.9
Food141.4
Transportation182.8
Healthcare133.1
Utilities140.8
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 Westfield is 166.4, which is 66.4% above the national average. Housing costs are above the national average at an index of 179.9. A single adult needs to earn approximately $73,218 per year to cover basic expenses.