Alexandria cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAlexandriaIndianaNational
Cost of living index8188100
IndexAlexandriaIndianaNational
Goods & Services index9795100
Groceries index9592100
Health care index9895100
Housing index4973100
Transportation index9193100
Utilities index9493100
Here we can see a simple outline of the cost of living in Alexandria, IN. As you can see, with the average cost of living in Alexandria, IN being 81, that puts it 7% lower than the average of Indiana and 19% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Alexandria, IN, the price of goods and services are 2% higher than the average of Indiana as well as 3% lower than the nation's average.

Did you know?

  • The cost of living in Alexandria is 7% lower than the Indiana average.
  • The cost of living in Alexandria is 19% lower than the national average.
  • The cost of housing in Alexandria is 51% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

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Compare Alexandria, IN Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Alexandria, IN would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Alexandria, IN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Alexandria, IN salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$49,266$4,106$1,149$1,478
Renters$24,293$2,024$567$729
One can approximate the cost of living and the housing affordability in Alexandria, IN by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Alexandria, IN have a median income of $49,266. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,149 per month to avoid calamity and poverty. The renters in the city have an income of about $24,293, which would make their monthly maximum allowable rental costs $567.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%
The Indiana sales tax and Indiana income tax rates should definitely be considered when determining the overall cost of living in Alexandria, IN. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Indiana sales tax is 7% and the maximum surtax is 7%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Indiana income tax rates range from 3.3% to 3.3%.

Goods & Services

ItemAlexandriaNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $26.00$34.6825.0%
Toothpaste $1.91$2.4722.8%
Shampoo $0.91$1.0211.0%
Movie $8.50$9.8713.9%
Bowling $3.50$4.3920.3%

Groceries

ItemAlexandriaNational avg.Difference
Ground Beef $4.64$4.483.6%
Fried Chicken $1.14$1.4622.1%
Milk $2.20$2.366.6%
Potatoes $2.76$3.069.8%
Pizza $13.99$9.2451.4%
Beer $7.86$8.639.0%

Health Care

ItemAlexandriaNational avg.Difference
Optometrist $105.00$99.785.2%
Doctor $93.55$105.0310.9%
Dentist $88.00$88.700.8%
Ibuprofen $8.38$9.4111.0%
Lipitor $317.03$298.506.2%

Housing

ItemAlexandriaNational avg.Difference
Home Price $72,900.00$175,700.0058.5%
Avg. Mortgage Payment $823.57$1,081.0323.8%
Apartment Rent $599.00$920.0034.9%

Transportation

ItemAlexandriaNational avg.Difference
Gasoline $1.98$2.095.4%
Tire Balancing $36.64$45.2919.1%

Utilities

ItemAlexandriaNational avg.Difference
All Electricity$160.91$170.805.8%
Phone $26.65$28.265.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Matthews, IN59779-21%
Springport, IN17473-27%
Chesterfield, IN2,52881-19%
Gaston, IN89681-19%
Summitville, IN1,07881-19%
Alexandria, IN5,10081-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Oxford, PA5,1001077%
Savannah, MO5,10185-15%
Clarks Summit, PA5,1011011%
East Port Orchard, WA5,09811414%
Big Bear Lake, CA5,10412828%
Alexandria, IN5,10081-19%
Source: The Alexandria, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.