Bedford, IN Cost of Living


3 Reviews



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How much do I need to live in Bedford, Indiana?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 for the year for a family.
$3,200 / month
for a single person, 32.9% less expensive than the national average A total of $38,400 for the year for a single person.

Bedford cost of living score
75.6
Less expensive
24.4% lower
than the US average
9.7% lower
than the Indiana average
Bedford, Indiana gets a BestPlaces Cost of Living score of 75.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.4% lower than the U.S. average and 9.7% higher than the average for Indiana.

Bedford, IN

Housing costs in Bedford?
A typical home costs $165,300, which is 51.1% less expensive than the national average of $338,100 and 25.4% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Bedford costs $1,270 per month, which is 11.2% cheaper than the national average of $1,430 and 22.8% more than the state average of $980.

Can I afford Bedford?
To live comfortably in Bedford, Indiana, a minimum annual income of $31,680 for a family, and $38,400 for a single person is recommended.

What does A.I. say about Bedford?
Bedford, IN is known for its affordable cost of living. The median home price in Bedford is $103,400, significantly lower than the national average of $231,200. Additionally, the cost of living index in Bedford is 82.6 which is lower than the national average of 100. This means that goods and services are 17.4% cheaper compared to the country’s average costs. Renting a two-bedroom apartment also remains relatively inexpensive with an average rent of $614 per month compared to Indiana’s average rental rate of $851. These factors make Bedford an attractive option for those looking to live somewhere with a low cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBedfordIndianaUnited States
    Unlock83.7100.0
  93.1  Unlock100.0
    Unlock94.4100.0
  42.9  Unlock100.0
    Unlock$221,600$338,100
  98.9  Unlock100.0
    Unlock85.4100.0
  75.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Bedford
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Over 7 years ago

OMPARE COST OF  More

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Bedford is a small, close knit, mostly religious community. Pro's: Everyone is very friendly; crime is very low - you don't need to lock your doors at night; lush,  More

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Over 18 years ago

Bedford is a quiet rural close knit community. This is great if you are looking for a laid back country  More

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