Ferdinand 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.
IndexFerdinandIndianaNational
Cost of living index8787100
IndexFerdinandIndianaNational
Goods & Services index9694100
Groceries index8994100
Health care index9495100
Housing index7573100
Transportation index8992100
Utilities index9190100

Did you know?

  • The cost of living in Ferdinand is equal to the Indiana average.
  • The cost of living in Ferdinand is 13% lower than the national average.
  • The cost of housing in Ferdinand is 25% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$63,281$5,273$1,476$1,899
Renters$37,708$3,142$880$1,131

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%

Goods & Services

ItemFerdinandNational avg.Difference
Haircut $16.85$15.568.2%
Beauty Salon $32.83$36.119.1%
Toothpaste $1.64$2.4733.8%
Shampoo $0.90$0.967.1%
Movie $9.13$10.139.8%
Bowling $3.43$4.7427.6%

Groceries

ItemFerdinandNational avg.Difference
Ground Beef $3.87$3.982.8%
Fried Chicken $1.11$1.4121.4%
Milk $1.52$2.0626.5%
Potatoes $2.61$2.9812.6%
Pizza $9.99$9.475.5%
Beer $7.84$8.7910.8%

Health Care

ItemFerdinandNational avg.Difference
Optometrist $117.91$101.0416.7%
Doctor $90.53$107.4415.7%
Dentist $81.87$90.429.5%
Ibuprofen $8.25$9.2811.1%
Lipitor $445.26$426.504.4%

Housing

ItemFerdinandNational avg.Difference
Home Price $134,800.00$175,700.0023.3%
Avg. Mortgage Payment $915.34$1,133.2319.2%
Apartment Rent $653.00$920.0029.0%

Transportation

ItemFerdinandNational avg.Difference
Gasoline $1.86$1.996.6%
Tire Balancing $36.00$45.7621.3%

Utilities

ItemFerdinandNational avg.Difference
All Electricity$168.12$163.812.6%
Phone $21.67$28.3923.7%
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.
St. Meinrad, IN51777-23%
Chrisney, IN46977-23%
Birdseye, IN38078-22%
Holland, IN71278-22%
Tennyson, IN32379-21%
Ferdinand, IN1,98487-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Trexlertown, PA1,98411717%
Mountain Lodge Park, NY1,9831077%
Britt, IA1,98580-20%
Hughes Springs, TX1,98382-18%
Combine, TX1,98397-3%
Ferdinand, IN1,98487-13%
Source: The Ferdinand, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.