Lawrence, IN Cost of Living


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How much do I need to live in Lawrence, Indiana?
$3,870 / month
for a family, 28.3% less expensive than the national average A total of $46,440 for the year for a family.
$3,333 / month
for a single person, 30.1% less expensive than the national average A total of $40,000 for the year for a single person.

Lawrence cost of living score
85.7
Less expensive
14.3% lower
than the US average
2.4% higher
than the Indiana average
Lawrence, Indiana gets a BestPlaces Cost of Living score of 85.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.3% lower than the U.S. average and 2.4% lower than the average for Indiana.

Lawrence, IN

Housing costs in Lawrence?
A typical home costs $243,000, which is 28.1% less expensive than the national average of $338,100 and 9.7% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Lawrence costs $1,180 per month, which is 17.5% cheaper than the national average of $1,430 and 16.9% more than the state average of $980.

Can I afford Lawrence?
To live comfortably in Lawrence, Indiana, a minimum annual income of $46,440 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Lawrence?
Lawrence, IN has an overall below average cost of living with taxes particularly lower than most other towns and cities in Indiana while utility costs remain consistently affordable making it a great destination for those who want to stay within a budget but still enjoy the quality of life amenities located nearby.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLawrenceIndianaUnited States
    Unlock83.7100.0
  94.5  Unlock100.0
    Unlock94.4100.0
  72.1  Unlock100.0
    Unlock$221,600$338,100
  89.2  Unlock100.0
    Unlock85.4100.0
  103.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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