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The Daily Insight

Is Indiana a cheap place to live?

Author

Ava Arnold

Updated on March 09, 2026

Indiana is the tenth-cheapest state to live in the United States. Average costs are 10% lower than the national average, and costs in all categories are below the national average. Housing in Indiana is the eighth cheapest in the United States.

What is the cheapest town in Indiana to live in?

Here are the top 10 cheapest places to live in Indiana:

  • New Whiteland.
  • Wabash.
  • Rushville.
  • North Vernon.
  • Elwood.
  • Princeton.
  • North Manchester.
  • Huntington.

What is the average cost to live in Indiana?

Average Cost of Living in Indiana: $38,097 per year

According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $38,097 per year.

What state has the lowest living cost?

Here are the 10 most affordable states in the U.S.:

  • Missouri. ...
  • Tennessee. ...
  • Georgia. ...
  • Arkansas. Average cost of living index: 89.16. ...
  • Alabama. Average cost of living index: 88.80. ...
  • Oklahoma. Average cost of living index: 88.09. ...
  • Kansas. Average cost of living index: 86.67. ...
  • Mississippi. Average cost of living index: 84.10.

What is the 2nd cheapest state to live in?

Kansas offers the second-cheapest cost of living in the nation. Housing costs in Kansas are 28% lower than the national average, the third-lowest in the country. The average single-family home in Kansas costs $176,898. Rents for a two-bedroom apartment average $862 a month.

Is Indiana a cheap place to live?

What is the cheapest state to live in 2021?

Here are the top 10 cheapest states to live in, according to WalletHub's report.

  • Alabama.
  • West Virginia.
  • Arkansas.
  • Indiana.
  • Missouri.
  • Utah.
  • Mississippi.
  • Tennessee.

Is it cheaper to live in Florida or Indiana?

Indiana is 11.7% cheaper than Florida.

Is Indiana safe to live?

At A Glance: With #1 being the best, Indiana is ranked #21 for property crime out of 50 states + Washington, D.C. You have a 1.97% chance of being a property crime victim in Indiana in the next 12 months. Indiana's property crime rate is 7% lower than the average crime rate in the United States.

Is Indiana a good place to live?

Is Indiana a Good Place to Live? Indiana is one of the best states to live in because it boasts the lowest cost of living, low crime rates, and plenty of job opportunities with a growing automotive industry. As the state with the lowest cost of living, it also makes sense that it has incredibly affordable housing.

Is it cheaper to live in Indiana or Michigan?

Indiana is 3.9% cheaper than Michigan.

How much are groceries in Indiana?

Indiana Food Costs

Data from the U.S. Department of Agriculture shows that the cost of food varies from state to state. In Indiana, a single adult spends an average of $2,872 on food annually, and a family of four spends $8,295 on average.

Is it cheaper to live in Indiana or Ohio?

Ohio is 5.5% more expensive than Indiana.

Where is the cheapest housing in Indiana?

The cheapest cities in Indiana for renters

  • Mishawaka.
  • Kokomo.
  • West Lafayette.
  • South Bend.
  • Greenwood.
  • Muncie.
  • Evansville.
  • Fort Wayne.

What should I know before moving to Indiana?

9 Things to Know Before Moving to Indiana

  • Indiana Has Wild Weather. Hail, snow, humidity, and tornadoes are no strangers to Indiana. ...
  • Agriculture is a Big Deal. ...
  • Housing is Affordable. ...
  • The Land of Covered Bridges. ...
  • It's Not All Flat. ...
  • There's Plenty To Do. ...
  • Moving is Stressful. ...
  • Business is Booming.

What's the crime like in Indiana?

Indiana's violent crime rate of 3.6 is below the national average of 4.0 and represents a 3% decrease year over year. The nationwide violent crime rate increased by 5% during the same period. Despite decreasing violent crime, the Hoosiers we surveyed felt more concerned about violent crime than the average American.

Is Indiana a good place to live 2021?

Indiana has the second-largest automotive industry in the USA, and it leads in job growth. Another benefit of this Midwestern state is the fact that it has the lowest cost of living in the United States, making it one of the best states to live in.

What city has the lowest cost of living?

Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider's homepage for more stories.

Is it cheaper to live in Indiana or Tennessee?

Indiana is 3.7% cheaper than Tennessee.

Where is the cheapest rent in the United States?

Cheapest State for Rent in the US

The least expensive state for rent is West Virginia with an average rent price of $800.

What states have the cheapest apartments?

Here are the top 10 states:

  • West Virginia. Housing score: 214.5. ...
  • West Virginia. Housing score: 214.5. ...
  • Oklahoma. Housing score: 214.7. ...
  • North Dakota. Housing score: 216.3. ...
  • Pennsylvania. Housing score: 221.1. ...
  • Nebraska. Housing score: 219.7. ...
  • Pennsylvania. Housing score: 221.1. ...
  • Indiana. Housing score: 221.3.

Which US state is better to live in?

Overall Rankings

  • #1. Washington.
  • #2. Minnesota.
  • #3. Utah.
  • #4. New Hampshire.
  • #5. Idaho.