Cost of Living in Wolcott, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.3
100 = national avg
-4.7 vs national average
Living Wage (1 Adult)
$41,948
per year
Living Wage (Family of 4)
$99,149
per year
Cost Index by Category
Housing77.2
Food104.2
Transportation108.4
Healthcare103.4
Utilities98.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$785
per month
2 Bedroom
$1,030
per month
The overall cost of living index in Wolcott is 95.3, which is 4.7% below the national average. Housing costs are below the national average at an index of 77.2. A single adult needs to earn approximately $41,948 per year to cover basic expenses.