Cost Of Living In Georgetown, IN

Georgetown 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.
Index	Georgetown	Indiana	National
Cost of living index	91	87	100
Index	Georgetown	Indiana	National
Goods & Services index	96	94	100
Groceries index	85	94	100
Health care index	89	95	100
Housing index	87	73	100
Transportation index	98	92	100
Utilities index	90	90	100

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The cost of living in Georgetown is 4% higher than the Indiana average.
The cost of living in Georgetown is 9% lower than the national average.
The cost of housing in Georgetown is 13% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$73,203	$6,100	$1,708	$2,196
Renters	$33,875	$2,823	$790	$1,016

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.3%	3.3%

Goods & Services

Item	Georgetown	National avg.	Difference
Haircut	$13.10	$15.56	15.8%
Beauty Salon	$36.00	$36.11	0.3%
Toothpaste	$2.20	$2.47	10.9%
Shampoo	$0.93	$0.96	3.6%
Movie	$9.25	$10.13	8.7%
Bowling	$4.13	$4.74	12.7%

Groceries

Item	Georgetown	National avg.	Difference
Ground Beef	$4.12	$3.98	3.5%
Fried Chicken	$1.31	$1.41	6.9%
Milk	$2.20	$2.06	6.4%
Potatoes	$2.76	$2.98	7.4%
Pizza	$10.00	$9.47	5.6%
Beer	$8.74	$8.79	0.6%

Health Care

Item	Georgetown	National avg.	Difference
Optometrist	$84.23	$101.04	16.6%
Doctor	$90.58	$107.44	15.7%
Dentist	$89.57	$90.42	0.9%
Ibuprofen	$8.72	$9.28	6.0%
Lipitor	$327.64	$426.50	23.2%

Housing

Item	Georgetown	National avg.	Difference
Home Price	$158,800.00	$175,700.00	9.6%
Avg. Mortgage Payment	$846.28	$1,133.23	25.3%
Apartment Rent	$715.00	$920.00	22.3%

Transportation

Item	Georgetown	National avg.	Difference
Gasoline	$1.94	$1.99	2.7%
Tire Balancing	$45.87	$45.76	0.2%

Utilities

Item	Georgetown	National avg.	Difference
All Electricity	$128.25	$163.81	21.7%
Phone	$30.22	$28.39	6.5%

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, State	Population	Cost of Living Index	National Avg.
Fredericksburg, IN	70	78	-22%
Elizabeth, IN	192	79	-21%
Crandall, IN	137	79	-21%
New Pekin, IN	1,382	80	-20%
New Salisbury, IN	509	81	-19%
Georgetown, IN	3,036	91	-9%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Lake Orion, MI	3,036	101	1%
La Center, WA	3,036	120	20%
Williams, AZ	3,037	99	-1%
Acres Green, CO	3,035	114	14%
Windermere, FL	3,038	146	46%
Georgetown, IN	3,036	91	-9%

Source: The Georgetown, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Georgetown, IN Cost of Living