Batesville 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.
IndexBatesvilleIndianaNational
Cost of living index9688100
IndexBatesvilleIndianaNational
Goods & Services index9395100
Groceries index9392100
Health care index9595100
Housing index9973100
Transportation index9693100
Utilities index10693100
A general summary of the cost of living index in Batesville, IN is shown above. Compared to the state average of Indiana the cost of living index in Batesville, IN is 96, which is 10% higher than the average in Indiana and compared to the national average it is 4% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Batesville, IN goods and services come in at 2% lower than the average in Indiana and are 7% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Batesville is 10% higher than the Indiana average.
  • The cost of living in Batesville is 4% lower than the national average.
  • The cost of housing in Batesville is 1% 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 is used in order to provide a comparison of your current salary in Batesville, IN to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Batesville, IN, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Batesville, IN salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$82,481$6,873$1,924$2,475
Renters$36,292$3,024$847$1,089
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Batesville, IN, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Batesville, IN has a median income of about $82,481 for people who own homes. Based on that number, a person should spend a maximum of $1,924 on expenses related to housing. Renters have a slightly different median income, which is $36,292. Based on this average, renters should spend no more than $847 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Batesville, 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

ItemBatesvilleNational avg.Difference
Haircut $12.50$14.5914.3%
Beauty Salon $32.61$34.686.0%
Toothpaste $2.54$2.472.7%
Shampoo $0.88$1.0213.9%
Movie $9.72$9.871.5%
Bowling $4.08$4.397.1%

Groceries

ItemBatesvilleNational avg.Difference
Ground Beef $4.21$4.486.0%
Fried Chicken $1.08$1.4626.2%
Milk $1.63$2.3630.8%
Potatoes $3.00$3.062.0%
Pizza $8.19$9.2411.4%
Beer $8.22$8.634.8%

Health Care

ItemBatesvilleNational avg.Difference
Optometrist $90.90$99.788.9%
Doctor $92.83$105.0311.6%
Dentist $83.38$88.706.0%
Ibuprofen $8.10$9.4113.9%
Lipitor $317.61$298.506.4%

Housing

ItemBatesvilleNational avg.Difference
Home Price $188,900.00$175,700.007.5%
Avg. Mortgage Payment $812.88$1,081.0324.8%
Apartment Rent $719.00$920.0021.8%

Transportation

ItemBatesvilleNational avg.Difference
Gasoline $2.03$2.093.1%
Tire Balancing $42.99$45.295.1%

Utilities

ItemBatesvilleNational avg.Difference
All Electricity$202.79$170.8018.7%
Phone $24.99$28.2611.6%
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.
Clarksburg, IN32669-31%
Laurel, IN47873-27%
Milroy, IN74273-27%
Metamora, IN13573-27%
Moores Hill, IN65482-18%
Batesville, IN6,39796-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Stevensville, MD6,39312222%
Laurel Bay, SC6,40499-1%
Santa Clara, UT6,4041066%
Roosevelt, UT6,39097-3%
East Farmingdale, NY6,38914545%
Batesville, IN6,39796-4%
Source: The Batesville, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.