Bloomington, IN is an ideal place to live with a population of 47406. The average 2 bedroom rent is $1,140 which is much lower than the US average of $1430 indicating it is much more affordable. Additionally, the Grocery Cost Index in Bloomington is 96 versus 100 on the US Average, further emphasizing the affordability of this city. There are many local businesses in Bloomington such as Al Buescher's Auto Repair, Loeschner Insurance Agency Inc., and Hoosier Pest Control & Lawn Care to name a few. The cost of living in Bloomington is very attractive for potential residents.