Hendricks County, IN Cost of Living


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How much do I need to live in Hendricks, Indiana?
$4,920 / month
for a family, 8.9% less expensive than the national average A total of $59,040 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Hendricks cost of living score
95.8
Less expensive
4.2% lower
than the US average
14.5% higher
than the Indiana average
Hendricks Indi County, Indiana gets a BestPlaces Cost of Living score of 95.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.2% lower than the U.S. average and 14.5% lower than the average for Indiana.

Hendricks County, IN

Housing costs in Hendricks?
A typical home costs $307,300, which is 9.1% less expensive than the national average of $338,100 and 38.7% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Hendricks costs $1,070 per month, which is 25.2% cheaper than the national average of $1,430 and 8.4% more than the state average of $980.

Can I afford Hendricks?
To live comfortably in Hendricks Indi County, Indiana, a minimum annual income of $59,040 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Hendricks?
Hendricks County, IN boasts a cost of living that is significantly lower than the national average. According to data from the US Department of Commerce, the cost of living in Hendricks County stands at 95.8, compared to 100 for the United States as a whole. This lower cost of living makes Hendricks County an attractive destination for people looking for affordable housing options. In addition, the median House Value for Hendricks County is $307,300 - substantially lower than the US average of $338,100 - so home buyers can get more bang for their buck in Hendricks County than elsewhere in the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHendricksIndianaUnited States
    Unlock83.7100.0
  96.3  Unlock100.0
    Unlock94.4100.0
  90.3  Unlock100.0
    Unlock$221,600$338,100
  96.7  Unlock100.0
    Unlock85.4100.0
  105.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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