Zip 46236 (Lawrence, IN) Cost of Living


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How much do I need to live in Lawrence, Indiana?
$4,890 / month
for a family, 9.4% less expensive than the national average A total of $58,680 for the year for a family.
$3,967 / month
for a single person, 16.8% less expensive than the national average A total of $47,600 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 (zip 46236), 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.

Zip 46236 (Lawrence, IN)

Housing costs in Lawrence?
A typical home costs $306,900, which is 9.2% less expensive than the national average of $338,100 and 38.5% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Lawrence costs $1,410 per month, which is 1.4% cheaper than the national average of $1,430 and 30.5% more than the state average of $980.

Can I afford Lawrence?
To live comfortably in Lawrence (zip 46236), Indiana, a minimum annual income of $58,680 for a family, and $47,600 for a single person is recommended.

What does A.I. say about Lawrence?
The cost of living in Lawrence, IN is quite affordable compared to the national average. The median home cost is $157,100 and the median household income is $51,631, which is slightly lower than the national average. Additionally, the cost of utilities and groceries are also below the national average. Overall, Lawrence provides a comfortable lifestyle at an affordable price point.
   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
  97.3  Unlock100.0
    Unlock94.4100.0
  89.2  Unlock100.0
    Unlock$221,600$338,100
  94.8  Unlock100.0
    Unlock85.4100.0
  103.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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