Cost of Living in Indiana: Most and Least Affordable Cities

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What is the average cost of living in Indiana? How much are you paying for household bills? The average Hoosier household spends about $1,786 each month on bills. This is according to doxo’s Cost of Bills Index (COBI). Annually, Indiana households spend around $21,428 on bills, which is about 16% less than the national average of $25,513.

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COBI compares ten common household expenses, including rent, mortgage, utilities, auto loans, insurance, and cable. Monthly mortgage bills are the most significant of the 10 most common cost of living bills for Indiana residents.

10 Most Expensive Indiana Cities for the Cost of Living

Rank	City	Average Income	Monthly Bill Expenses Per Household	Cost of Bills Index (COBI) – Standard	% +/- Than the National Average	Percent of Household Income Used for Bills
1	Zionsville	$154,324	$2,639	124	24% higher	21%
2	Carmel	$132,182	$2,478	117	17% higher	22%
3	Westfield	$121,250	$2,454	115	15% higher	24%
4	Fortville	$129,131	$2,424	114	14% higher	23%
5	Munster	$101,851	$2,378	112	12% higher	28%
6	Newburgh	$97,764	$2,336	111	11% higher	29%
7	Avon	$100,020	$2,293	108	8% higher	28%
8	McCordsville	$108,020	$2,284	107	7% higher	25%
9	Saint John	$117,632	$2,259	106	6% higher	23%
10	Brownsburg	$106,043	$2,236	105	5% higher	25%

On the other hand, Logansport is the most affordable city in Indiana, where monthly bills average $1,207, about 43% below the national average. Knox, Richmond, and Peru are also affordable options.

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10 Most Affordable Indiana Cities for Household Bills

Rank	City	Average Income	Monthly Bill Expense Per Household	Cost of Bills Index (COBI) – Standard	% +/- Than the National Average	Percent of Household Income Used for Bills
20	Tell City	$57,027	$1,460	69	31% lower	31%
21	Terre Haute	$51,431	$1,432	67	33% lower	33%
22	Vincennes	$57,594	$1,429	67	33% lower	30%
23	Huntington	$57,139	$1,427	67	33% lower	30%
24	Wabash	$65,734	$1,415	67	33% lower	26%
25	Marion	$48,749	$1,379	65	35% lower	34%
26	Peru	$55,291	$1,366	64	36% lower	30%
27	Richmond	$50,880	$1,338	63	37% lower	32%
28	Knox	$58,100	$1,234	58	42% lower	25%
29	Logansport	$54,617	$1,207	57	43% lower	27%