Zip 46055 (McCordsville, IN) Cost of Living


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How much do I need to live in McCordsville, Indiana?
$5,790 / month
for a family, 7.2% more expensive than the national average A total of $69,480 for the year for a family.
$3,633 / month
for a single person, 23.8% less expensive than the national average A total of $43,600 for the year for a single person.

McCordsville cost of living score
92.8
Less expensive
7.2% lower
than the US average
10.9% higher
than the Indiana average
McCordsville (zip 46055), Indiana gets a BestPlaces Cost of Living score of 92.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.2% lower than the U.S. average and 10.9% lower than the average for Indiana.

Zip 46055 (McCordsville, IN)

Housing costs in McCordsville?
A typical home costs $363,400, which is 7.5% more expensive than the national average of $338,100 and 64.0% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in McCordsville costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 24.0% more than the state average of $980.

Can I afford McCordsville?
To live comfortably in McCordsville (zip 46055), Indiana, a minimum annual income of $69,480 for a family, and $43,600 for a single person is recommended.

What does A.I. say about McCordsville?
The cost of living in 46055 McCordsville, IN is quite reasonable. The median home value is $212,400, which is slightly lower than the national average. The median rent for a one-bedroom apartment is around $945 per month, and the median household income is about $70,974. Utilities are also fairly priced in McCordsville and generally remain below the national average. Overall, McCordsville provides an affordable and comfortable living experience for those looking to settle down in Indiana.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMcCordsvilleIndianaUnited States
    Unlock83.7100.0
  98.6  Unlock100.0
    Unlock94.4100.0
  107.0  Unlock100.0
    Unlock$221,600$338,100
  94.8  Unlock100.0
    Unlock85.4100.0
  101.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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