Cost of Living in Bloomington, IN
Population: 78,791 • 2026 Data
$48,918
Median Household Income
-37% vs national
$1,160
Median Monthly Rent
-14% vs national
$289,700
Median Home Value
-15% vs national
6.2%
Unemployment Rate
Housing in Bloomington
The median home value in Bloomington, IN is $289,700. Monthly rent for a typical unit averages $1,160, while total monthly housing costs (including utilities and insurance) average $1,144.
Rent-to-income ratio: 28.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Bloomington, IN is $48,918. The unemployment rate stands at 6.2%, with a labor force of 41,798 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.