Zip 47406 (Bloomington, IN) Cost of Living


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Bloomington cost of living score
88.8
Less expensive
11.2% lower
than the US average
6.1% higher
than the Indiana average
Bloomington (zip 47406), Indiana gets a BestPlaces Cost of Living score of 88.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.2% lower than the U.S. average and 6.1% lower than the average for Indiana.

Zip 47406 (Bloomington, IN)

Housing costs in Bloomington?
A typical home costs $293,900, which is 13.1% less expensive than the national average of $338,100 and 32.6% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Bloomington costs $1,140 per month, which is 16.3% more than the national average of $980 and 4.4% more than the state average of $1,090.

Can I afford Bloomington?
To live comfortably in Bloomington (zip 47406), Indiana, a minimum annual income of $56,160 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Bloomington?
The cost of living in Bloomington, IN (47406) is relatively affordable when compared to many other cities in the United States. According to the 2019 Cost of Living Index, Bloomington is nearly 6% below the national average. Rent prices are lower than the national median, and groceries and health care are also both cheaper than the national average. Combined with its low unemployment rate and abundance of recreational activities, Bloomington provides an enjoyable lifestyle at a reasonable cost.
   Cost of living score
     CategoriesBloomingtonIndianaUnited States
  88.883.7100.0
  9692.9100
  95.994.4100.0
  328.963.8100.0
  $293,900$221,600$338,100
  97.2%97.2%100.0%
  73.985.4100.0
  106.0102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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