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Indiana Yearly Expenses
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Indiana. With an overall cost of living index of 90.4, Indiana comes in at number ten for most affordable cost of living in the U.S, but that definitely doesn't mean it's expensive!
With an overall cost of living index of 90.4, Indiana comes in at number ten for most affordable cost of living in the U.S, but that definitely doesn't mean it's expensive!
INDIANAPOLIS -- A new study says Hoosiers have it good and cheap compared to most of the United States. A recent report by GOBankingRates has Indiana ranked as one of the top three most affordable states to live.
Indiana is the tenth-cheapest state to live in the United States. Average costs are 10% lower than the national average, and costs in all categories are below the national average. Housing in Indiana is the eighth cheapest in the United States.
The cheapest cities in Indiana for rentersColumbus.Lafayette.Mishawaka.Kokomo.West Lafayette.South Bend.Greenwood.Muncie.More items...?
INDIANAPOLIS -- A new study says Hoosiers have it good and cheap compared to most of the United States. A recent report by GOBankingRates has Indiana ranked as one of the top three most affordable states to live.
The cost of living in Indiana is 9% lower than the national average. Housing is 21% lower than the national average, while utilities are 3% lower. When it comes to basic necessities such as food and clothing, groceries are around 4% lower than in the rest of the country, while clothing costs 4% lower.
Living in Indiana is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 10.7% less than they do on average nationwide. Compared with all other states, Indiana has the 12th lowest overall cost of living.
Summary about cost of living in Indianapolis, IN, United States: Family of four estimated monthly costs are 3,206$ without rent. A single person estimated monthly costs are 915$ without rent. Indianapolis is 32.05% less expensive than New York (without rent).
