Cost of Living in Indiana
40 cities • 3,137,716 total population • 2026 Data
$70,571
Avg. Median Income
-9% vs national
$1,126
Avg. Median Rent
-16% vs national
$213,978
Avg. Home Value
-37% vs national
5.2%
Avg. Unemployment
Overview
Indiana has 40 cities with populations over 25,000, totaling 3,137,716 residents. The average median household income across these cities is $70,571, which is 9% below the national median.
Rent averages $1,126 per month, and the average home value is $213,978. The largest city is Indianapolis city (balance), while Marion offers the lowest rent and Zionsville has the highest.
Most Affordable Cities in Indiana
| # | City | Median Rent | Median Income | Home Value |
|---|---|---|---|---|
| 1 | Marion | $760 | $43,349 | $83,200 |
| 2 | Richmond | $815 | $46,395 | $107,600 |
| 3 | East Chicago | $820 | $41,071 | $92,400 |
| 4 | Muncie | $867 | $43,395 | $92,000 |
| 5 | Terre Haute | $877 | $41,960 | $109,500 |
Most Expensive Cities in Indiana
| # | City | Median Rent | Median Income | Home Value |
|---|---|---|---|---|
| 1 | Zionsville | $1,635 | $159,126 | $543,800 |
| 2 | Carmel | $1,607 | $134,602 | $455,500 |
| 3 | Westfield | $1,526 | $119,598 | $391,900 |
| 4 | Fishers | $1,491 | $128,141 | $370,200 |
| 5 | Brownsburg | $1,405 | $105,435 | $282,800 |
Highest Income Cities in Indiana
| # | City | Median Income | Median Rent | Population |
|---|---|---|---|---|
| 1 | Zionsville | $159,126 | $1,635 | 31,442 |
| 2 | Carmel | $134,602 | $1,607 | 100,501 |
| 3 | Fishers | $128,141 | $1,491 | 100,918 |
| 4 | Westfield | $119,598 | $1,526 | 51,109 |
| 5 | Granger | $117,348 | $1,381 | 30,279 |
All Cities in Indiana
| City | Population | Income | Rent | Home Value |
|---|---|---|---|---|
| Indianapolis city (balance) | 882,043 | $62,995 | $1,112 | $207,000 |
| Fort Wayne | 266,235 | $60,293 | $959 | $169,700 |
| Evansville | 116,441 | $52,251 | $949 | $129,100 |
| South Bend | 102,866 | $52,512 | $1,000 | $124,500 |
| Fishers | 100,918 | $128,141 | $1,491 | $370,200 |
| Carmel | 100,501 | $134,602 | $1,607 | $455,500 |
| Bloomington | 78,791 | $48,918 | $1,160 | $289,700 |
| Hammond | 77,098 | $53,950 | $1,089 | $141,700 |
| Noblesville | 71,940 | $102,319 | $1,284 | $321,800 |
| Lafayette | 70,650 | $52,946 | $1,039 | $157,600 |
| Gary | 68,604 | $37,380 | $975 | $85,300 |
| Muncie | 64,739 | $43,395 | $867 | $92,000 |
| Greenwood | 64,237 | $78,765 | $1,252 | $248,700 |
| Kokomo | 59,375 | $54,195 | $917 | $126,500 |
| Terre Haute | 58,491 | $41,960 | $877 | $109,500 |
| Anderson | 54,930 | $47,221 | $909 | $104,300 |
| Elkhart | 53,726 | $47,885 | $981 | $126,900 |
| Westfield | 51,109 | $119,598 | $1,526 | $391,900 |
| Columbus | 51,104 | $76,856 | $1,135 | $231,000 |
| Mishawaka | 50,907 | $53,120 | $1,041 | $140,600 |
| Jeffersonville | 50,176 | $70,157 | $1,090 | $208,500 |
| Lawrence | 49,284 | $73,455 | $1,084 | $220,400 |
| West Lafayette | 44,802 | $33,497 | $1,152 | $318,100 |
| Portage | 37,951 | $72,833 | $1,138 | $210,800 |
| New Albany | 37,589 | $54,152 | $971 | $169,600 |
| Merrillville | 36,343 | $64,791 | $1,304 | $194,000 |
| Plainfield | 35,783 | $85,074 | $1,313 | $263,900 |
| Richmond | 35,551 | $46,395 | $815 | $107,600 |
| Valparaiso | 34,377 | $67,664 | $1,142 | $250,500 |
| Goshen | 34,374 | $55,436 | $1,045 | $175,200 |
| Crown Point | 34,042 | $95,757 | $1,369 | $272,800 |
| Michigan City | 31,894 | $52,979 | $915 | $129,000 |
| Zionsville | 31,442 | $159,126 | $1,635 | $543,800 |
| Brownsburg | 30,310 | $105,435 | $1,405 | $282,800 |
| Granger | 30,279 | $117,348 | $1,381 | $302,500 |
| Hobart | 29,646 | $71,680 | $1,174 | $203,400 |
| Schererville | 29,627 | $86,020 | $1,224 | $294,600 |
| Marion | 27,384 | $43,349 | $760 | $83,200 |
| East Chicago | 26,158 | $41,071 | $820 | $92,400 |
| Franklin | 25,999 | $77,305 | $1,127 | $212,500 |
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. State averages calculated from cities with population over 25,000.