IN metros
Cost of living across major IN metropolitan areas.
What living in IN costs
Across the 4 IN metros we track, the typical cost-of-living index is 91.4 against a national metro median of 95.7 — about 4% cheaper than the typical US metro. That ranks IN 11 of the 48 states we cover, counting from the cheapest.
The state is not uniform: Fort Wayne, IN is the cheapest metro at 89.7, while Indianapolis, IN runs 94.7 — a spread of 5% between them.
A typical IN home costs $259,816, or about 3.9× median household income, and typical rent is $1,340/mo.
Taxes in IN
IN levies a state income tax on top of the federal one. Effective property tax runs about 0.8% of home value in a typical IN metro, and combined state and local sales tax is around 7%.
Property tax is the one that scales with housing, so it bites hardest in the pricier metros above. Per-metro figures are on each metro page.
| Metro | COL index | Median home | Median rent |
|---|---|---|---|
| Indianapolis, IN | 94.7 | $295,921 | $1,553 |
| Fort Wayne, IN | 89.7 | $259,816 | $1,264 |
| South Bend, IN | 91.4 | $238,866 | $1,340 |
| Evansville, IN | 90.0 | $226,753 | $1,087 |
Cities & towns in IN (49)
Local property tax, home values and school scores for each place.