Indiana Cost of Living Calculator
Compare Indiana cost of living (index: 90.5). Calculate equivalent salary needed when moving to or from Indiana.
How This Calculator Works
Calculation methodology and assumptions
This calculator compares purchasing power between locations using cost of living indices. Indiana's cost of living index is 90.5 (100 = national average). The equivalent salary is calculated as: Current Salary × (Target COL / Current COL). Tax differences are also factored in to show the net financial impact of relocating.
Key State Information
Indiana cost of living index: 90.5. Indiana is close to the national average in overall cost. Median household income: $61,944. Median 2BR rent: $925/month.
Frequently Asked Questions
What is the cost of living in Indiana?
Indiana's cost of living index is 90.5, where 100 is the national average. This means living in Indiana costs about 10% less than the national average.
Is Indiana expensive to live in?
Indiana has a moderate cost of living, close to the national average. Median home price: $225,000.
How much do I need to earn in Indiana to live comfortably?
Based on a cost of living index of 90.5 and the 50-30-20 budgeting rule, a comfortable salary in Indiana would be approximately $33,485/year for a single person renting a 2BR apartment.
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