Indiana: RPP components
BEA 2024 regional context; each category is compared with its own U.S. = 100 benchmark. These are not county price estimates or spending shares.
Black marker: U.S. benchmark = 100 in each row.
LivingCostFacts / state
Indiana cost of living
Indiana has an all-items price parity of 93.3 on the U.S. = 100 scale. Compare the statewide picture with county rents and metro price levels.
BEA 2024 · HUD FY2027 · ACS 2020–2024 · CPI through 2026-10
93.3
All-items price level
BEA 2024; U.S. = 100
$71,957
Median household income
ACS 2020–2024
$218,200
Median home value
Owner-occupied homes, ACS 2020–2024
$1,302
Typical 2BR benchmark
Population-weighted county FMR, FY2027
Read the local picture
Regional Price Parities (RPPs) compare prices across places in the same year. An index of 110 means prices are 10% above the U.S. level; 90 means 10% below. RPP measures relative price levels, while CPI measures price change over time.
Put the benchmark in context
Fair Market Rent (FMR) is HUD’s estimate of the 40th percentile gross rent for standard-quality rental homes occupied by recent movers. It includes rent and most tenant-paid utilities. A household’s actual rent can differ substantially by neighborhood, lease and property.
Monthly rent by bedroom
HUD FY2027 gross monthly FMR; includes most tenant-paid utilities. Dollars per month.
Income after benchmark rent is $56,336 a year: ACS median household income minus 12 months of the population-weighted 2BR FMR. This is a comparison between separate datasets and periods, before taxes and all other expenses; it is not disposable income.
The data in view
Price levels relative to the U.S.
BEA RPP, U.S. = 100 each year. This is not an inflation index.
View chart data
| Period or category | Value |
|---|---|
| 2008 | 91.9 |
| 2009 | 92.6 |
| 2010 | 93.0 |
| 2011 | 92.4 |
| 2012 | 92.8 |
| 2013 | 92.9 |
| 2014 | 92.6 |
| 2015 | 91.4 |
| 2016 | 91.3 |
| 2017 | 90.9 |
| 2018 | 92.8 |
| 2019 | 92.8 |
| 2020 | 91.8 |
| 2021 | 92.6 |
| 2022 | 91.9 |
| 2023 | 92.1 |
| 2024 | 93.3 |
Price levels by category
Each category has its own U.S. benchmark of 100. Components are indexes, not spending shares.
| Category | 2024 RPP |
|---|---|
| All items | 93.3 |
| Goods | 95.5 |
| Housing rents | 73.9 |
| Utilities | 85.5 |
| Other services | 99.1 |
Monthly Fair Market Rent by bedroom
HUD 40th percentile gross rent for standard-quality units; includes tenant-paid utilities except telephone, cable and internet. These are benchmarks, not asking-rent medians.
| Home size | FY2027 monthly gross rent |
|---|---|
| Studio | $1,005 |
| 1 bedroom | $1,082 |
| 2 bedrooms | $1,302 |
| 3 bedrooms | $1,642 |
| 4 bedrooms | $1,904 |
County cost comparison
Income: ACS 2020–2024. Rent: HUD FY2027. Rent / income = 12 × 2BR FMR ÷ median household income; it does not measure actual renter burden.
| County or equivalent | 2BR rent / month | Median household income | Rent / income |
|---|---|---|---|
| Adams County | $1,014 | $65,289 | 18.6% |
| Allen County | $1,248 | $70,737 | 21.2% |
| Bartholomew County | $1,493 | $79,901 | 22.4% |
| Benton County | $1,273 | $65,875 | 23.2% |
| Blackford County | $1,014 | $51,326 | 23.7% |
| Boone County | $1,536 | $111,250 | 16.6% |
| Brown County | $1,536 | $78,528 | 23.5% |
| Carroll County | $1,027 | $65,645 | 18.8% |
| Cass County | $1,014 | $56,403 | 21.6% |
| Clark County | $1,276 | $74,214 | 20.6% |
| Clay County | $1,164 | $70,010 | 20.0% |
| Clinton County | $1,063 | $65,019 | 19.6% |
| Crawford County | $1,014 | $49,640 | 24.5% |
| Daviess County | $1,090 | $68,503 | 19.1% |
| DeKalb County | $1,023 | $74,331 | 16.5% |
| Dearborn County | $1,442 | $84,735 | 20.4% |
| Decatur County | $1,112 | $69,783 | 19.1% |
| Delaware County | $1,145 | $58,127 | 23.6% |
| Dubois County | $1,014 | $75,979 | 16.0% |
| Elkhart County | $1,253 | $68,561 | 21.9% |
| Fayette County | $1,014 | $59,321 | 20.5% |
| Floyd County | $1,276 | $79,704 | 19.2% |
| Fountain County | $1,014 | $62,542 | 19.5% |
| Franklin County | $1,148 | $78,074 | 17.6% |
| Fulton County | $1,034 | $61,360 | 20.2% |
| Gibson County | $1,083 | $67,573 | 19.2% |
| Grant County | $1,014 | $53,522 | 22.7% |
| Greene County | $1,014 | $62,094 | 19.6% |
| Hamilton County | $1,536 | $121,530 | 15.2% |
| Hancock County | $1,536 | $93,186 | 19.8% |
| Harrison County | $1,276 | $74,475 | 20.6% |
| Hendricks County | $1,536 | $101,144 | 18.2% |
| Henry County | $1,014 | $63,150 | 19.3% |
| Howard County | $1,179 | $64,027 | 22.1% |
| Huntington County | $1,014 | $66,301 | 18.4% |
| Jackson County | $1,142 | $70,262 | 19.5% |
| Jasper County | $1,349 | $77,314 | 20.9% |
| Jay County | $1,014 | $54,969 | 22.1% |
| Jefferson County | $1,041 | $64,577 | 19.3% |
| Jennings County | $1,040 | $69,322 | 18.0% |
| Johnson County | $1,536 | $90,454 | 20.4% |
| Knox County | $1,014 | $61,237 | 19.9% |
| Kosciusko County | $1,162 | $75,317 | 18.5% |
| LaGrange County | $1,039 | $84,487 | 14.8% |
| LaPorte County | $1,245 | $71,055 | 21.0% |
| Lake County | $1,429 | $71,493 | 24.0% |
| Lawrence County | $1,026 | $66,468 | 18.5% |
| Madison County | $1,331 | $63,037 | 25.3% |
| Marion County | $1,536 | $66,346 | 27.8% |
| Marshall County | $1,088 | $71,808 | 18.2% |
| Martin County | $1,014 | $68,594 | 17.7% |
| Miami County | $1,014 | $61,139 | 19.9% |
| Monroe County | $1,252 | $65,868 | 22.8% |
| Montgomery County | $1,046 | $71,479 | 17.6% |
| Morgan County | $1,536 | $79,429 | 23.2% |
| Newton County | $1,429 | $75,481 | 22.7% |
| Noble County | $1,023 | $71,723 | 17.1% |
| Ohio County | $1,442 | $70,392 | 24.6% |
| Orange County | $1,014 | $65,873 | 18.5% |
| Owen County | $1,014 | $62,464 | 19.5% |
| Parke County | $1,014 | $68,485 | 17.8% |
| Perry County | $1,014 | $61,151 | 19.9% |
| Pike County | $1,014 | $71,334 | 17.1% |
| Porter County | $1,429 | $87,972 | 19.5% |
| Posey County | $1,127 | $78,129 | 17.3% |
| Pulaski County | $1,014 | $62,792 | 19.4% |
| Putnam County | $1,056 | $78,378 | 16.2% |
| Randolph County | $1,014 | $60,791 | 20.0% |
| Ripley County | $1,053 | $70,573 | 17.9% |
| Rush County | $1,014 | $66,473 | 18.3% |
| Scott County | $1,047 | $56,352 | 22.3% |
| Shelby County | $1,536 | $72,190 | 25.5% |
| Spencer County | $1,014 | $74,506 | 16.3% |
| St. Joseph County | $1,276 | $66,868 | 22.9% |
| Starke County | $1,014 | $63,960 | 19.0% |
| Steuben County | $1,102 | $74,911 | 17.7% |
| Sullivan County | $1,067 | $56,204 | 22.8% |
| Switzerland County | $1,029 | $65,343 | 18.9% |
| Tippecanoe County | $1,273 | $60,636 | 25.2% |
| Tipton County | $1,239 | $76,156 | 19.5% |
| Union County | $1,014 | $76,424 | 15.9% |
| Vanderburgh County | $1,127 | $61,648 | 21.9% |
| Vermillion County | $1,164 | $60,200 | 23.2% |
| Vigo County | $1,164 | $52,976 | 26.4% |
| Wabash County | $1,014 | $66,806 | 18.2% |
| Warren County | $1,014 | $82,425 | 14.8% |
| Warrick County | $1,127 | $89,844 | 15.1% |
| Washington County | $1,014 | $64,641 | 18.8% |
| Wayne County | $1,014 | $55,692 | 21.8% |
| Wells County | $1,102 | $71,957 | 18.4% |
| White County | $1,134 | $67,303 | 20.2% |
| Whitley County | $1,248 | $78,083 | 19.2% |
Metros with member counties in Indiana
BEA 2024, U.S. = 100. Rent is a population-weighted mean of member-county benchmarks where available.
| Metro area | All-items RPP | Housing RPP | 2BR rent / month |
|---|---|---|---|
| Bloomington, IN | 95.1 | 85.6 | $1,220 |
| Chicago-Naperville-Elgin, IL-IN | 103.6 | 112.0 | $1,963 |
| Cincinnati, OH-KY-IN | 95.4 | 87.6 | $1,428 |
| Columbus, IN | 93.0 | 75.5 | $1,493 |
| Elkhart-Goshen, IN | 90.3 | 64.3 | $1,253 |
| Evansville, IN | 91.5 | 66.7 | $1,127 |
| Fort Wayne, IN | 92.6 | 72.3 | $1,239 |
| Indianapolis-Carmel-Greenwood, IN | 95.7 | 88.9 | $1,521 |
| Kokomo, IN | 89.6 | 59.3 | $1,179 |
| Lafayette-West Lafayette, IN | 93.4 | 76.4 | $1,241 |
| Louisville/Jefferson County, KY-IN | 93.1 | 78.6 | $1,252 |
| Michigan City-La Porte, IN | 91.7 | 68.5 | $1,245 |
| Muncie, IN | 88.1 | 57.5 | $1,145 |
| South Bend-Mishawaka, IN-MI | 92.9 | 74.6 | $1,247 |
| Terre Haute, IN | 87.8 | 51.9 | $1,152 |