Shelby, IN Cost of Living


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Shelby cost of living score
87.3
Less expensive
12.7% lower
than the US average
4.3% higher
than the Indiana average
Shelby, Indiana gets a BestPlaces Cost of Living score of 87.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.7% lower than the U.S. average and 4.3% lower than the average for Indiana.

Shelby, IN

Housing costs in Shelby?
A typical home costs $118,500, which is 65.0% less expensive than the national average of $338,100 and 46.5% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Shelby costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 16.2% more than the state average of $980.

Can I afford Shelby?
To live comfortably in Shelby, Indiana, a minimum annual income of $22,680 for a family, and $38,000 for a single person is recommended.

What does A.I. say about Shelby?
Shelby, IN is an affordable place to live, with a cost of living index that is well below the national average. The median home price in Shelby is around $95,000, which is significantly lower than most other parts of the state. Additionally, groceries are very affordable and there are numerous activities available for free or at low cost. This makes it easy to stay within your budget and still enjoy all that Shelby has to offer.
   Cost of living score
     CategoriesShelbyIndianaUnited States
  87.383.7100.0
  94.492.9100
  93.694.4100.0
  46.263.8100.0
  $118,500$221,600$338,100
  103.1%97.2%100.0%
  95.185.4100.0
  98.6102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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