Putnam County, IN Cost of Living


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How much do I need to live in Putnam, Indiana?
$3,450 / month
for a family, 36.1% less expensive than the national average A total of $41,400 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Putnam cost of living score
83.4
Less expensive
16.6% lower
than the US average
0.4% lower
than the Indiana average
Putnam Indi County, Indiana gets a BestPlaces Cost of Living score of 83.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.6% lower than the U.S. average and 0.4% higher than the average for Indiana.

Putnam County, IN

Housing costs in Putnam?
A typical home costs $216,800, which is 35.9% less expensive than the national average of $338,100 and 2.2% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Putnam costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 8.9% cheaper than the state average of $980.

Can I afford Putnam?
To live comfortably in Putnam Indi County, Indiana, a minimum annual income of $41,400 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Putnam?
Putnam, IN County is known for its affordable cost of living. The county has a median home value of $216,800, which is significantly lower than the US average of $338,100 - making it a great option for those looking to buy in the area. Additionally, the Cost of Living in Putnam County is 83.4, compared to the US average of 100 - offering even more savings for those who choose to live there. This combination of affordability makes Putnam County a great place to live and work!
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPutnamIndianaUnited States
    Unlock83.7100.0
  93.5  Unlock100.0
    Unlock94.4100.0
  57.9  Unlock100.0
    Unlock$221,600$338,100
  99.5  Unlock100.0
    Unlock85.4100.0
  82.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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