Cost of Living in South Bend, IN
Population: 102,866 • 2026 Data
$52,512
Median Household Income
-32% vs national
$1,000
Median Monthly Rent
-26% vs national
$124,500
Median Home Value
-63% vs national
6.0%
Unemployment Rate
Housing in South Bend
The median home value in South Bend, IN is $124,500. Monthly rent for a typical unit averages $1,000, while total monthly housing costs (including utilities and insurance) average $901.
Rent-to-income ratio: 22.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in South Bend, IN is $52,512. The unemployment rate stands at 6.0%, with a labor force of 49,983 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.