Economy, IN Cost of Living


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Economy cost of living score
70.6
Less expensive
29.4% lower
than the US average
15.7% lower
than the Indiana average
Economy, Indiana gets a BestPlaces Cost of Living score of 70.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.4% lower than the U.S. average and 15.7% higher than the average for Indiana.

Economy, IN

Housing costs in Economy?
A typical home costs $186,600, which is 44.8% less expensive than the national average of $338,100 and 15.8% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Economy costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 18.1% cheaper than the state average of $980.

Can I afford Economy?
To live comfortably in Economy, Indiana, a minimum annual income of $35,640 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Economy?
Economy, IN has a reasonable cost of living compared to other areas in the United States. The median home value in Economy is $106,200 which is lower than the US average of $194,500. Similarly, the median rent price in Economy is $749 per month which is also lower than the US average of $949 per month. Other costs such as groceries, transportation, and utilities are also slightly less expensive in Economy than they are on average nationwide. This makes Economy an attractive place to live for those who are looking for an affordable cost of living without sacrificing access to amenities and services.
   Cost of living score
     CategoriesEconomyIndianaUnited States
  70.683.7100.0
  94.892.9100
  96.394.4100.0
  48.363.8100.0
  $186,600$221,600$338,100
  95.4%97.2%100.0%
  67.685.4100.0
  71.1102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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