Aurora 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.
IndexAuroraIndianaNational
Cost of living index8987100
IndexAuroraIndianaNational
Goods & Services index10094100
Groceries index9294100
Health care index9795100
Housing index6973100
Transportation index10092100
Utilities index9390100
Here we can see a simple outline of the cost of living in Aurora, IN. As you can see, with the average cost of living in Aurora, IN being 89, that puts it 2% higher than the average of Indiana and 11% 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 Aurora, IN, the price of goods and services are 6% higher than the average of Indiana as well as equal to the nation's average.

Did you know?

  • The cost of living in Aurora is 2% higher than the Indiana average.
  • The cost of living in Aurora is 11% lower than the national average.
  • The cost of housing in Aurora is 31% 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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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 Aurora, 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 Aurora, IN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Aurora, 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$45,000$3,750$1,050$1,350
Renters$30,456$2,538$711$914
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Aurora, IN, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Aurora, IN homeowners have a median income of $45,000. Using that number, you will come up with a maximum of $1,050 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $30,456, which means there is a maximum of $711 to be spent on the costs of renting a home or apartment.

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 Aurora, 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

ItemAuroraNational avg.Difference
Haircut $13.84$15.5611.1%
Beauty Salon $31.76$36.1112.0%
Toothpaste $2.36$2.474.4%
Shampoo $0.79$0.9618.5%
Movie $10.51$10.133.8%
Bowling $4.58$4.743.4%

Groceries

ItemAuroraNational avg.Difference
Ground Beef $3.61$3.989.5%
Fried Chicken $1.41$1.410.2%
Milk $1.46$2.0629.1%
Potatoes $2.68$2.9810.0%
Pizza $8.49$9.4710.4%
Beer $8.18$8.796.9%

Health Care

ItemAuroraNational avg.Difference
Optometrist $90.37$101.0410.6%
Doctor $103.24$107.443.9%
Dentist $87.72$90.423.0%
Ibuprofen $8.33$9.2810.2%
Lipitor $433.67$426.501.7%

Housing

ItemAuroraNational avg.Difference
Home Price $115,500.00$175,700.0034.3%
Avg. Mortgage Payment $805.19$1,133.2328.9%
Apartment Rent $713.00$920.0022.5%

Transportation

ItemAuroraNational avg.Difference
Gasoline $2.04$1.992.6%
Tire Balancing $43.48$45.765.0%

Utilities

ItemAuroraNational avg.Difference
All Electricity$163.52$163.810.2%
Phone $23.66$28.3916.7%
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.
Elizabethtown, OH30276-24%
New Baltimore, OH52379-21%
New Haven, OH81381-19%
West Harrison, IN38782-18%
Moores Hill, IN65483-17%
Aurora, IN3,76289-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Valley Green, PA3,76197-3%
Edgewood, NM3,76395-5%
Bethel Manor, VA3,76112020%
Lonsdale, MN3,7601022%
Newtown Grant, PA3,76413737%
Aurora, IN3,76289-11%
Source: The Aurora, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.