Hamilton 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.
IndexHamiltonIndianaNational
Cost of living index8888100
IndexHamiltonIndianaNational
Goods & Services index9695100
Groceries index9292100
Health care index9295100
Housing index7673100
Transportation index8893100
Utilities index9393100

Did you know?

  • The cost of living in Hamilton is equal to the Indiana average.
  • The cost of living in Hamilton is 12% lower than the national average.
  • The cost of housing in Hamilton is 24% 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$55,104$4,592$1,286$1,653
Renters$21,573$1,798$503$647

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

ItemHamiltonNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $22.00$34.6836.6%
Toothpaste $1.78$2.4728.0%
Shampoo $0.84$1.0217.8%
Movie $9.25$9.876.3%
Bowling $3.33$4.3924.2%

Groceries

ItemHamiltonNational avg.Difference
Ground Beef $4.32$4.483.5%
Fried Chicken $1.29$1.4611.9%
Milk $1.49$2.3636.8%
Potatoes $3.22$3.065.2%
Pizza $9.00$9.242.6%
Beer $8.54$8.631.1%

Health Care

ItemHamiltonNational avg.Difference
Optometrist $91.33$99.788.5%
Doctor $86.33$105.0317.8%
Dentist $83.50$88.705.9%
Ibuprofen $8.08$9.4114.2%
Lipitor $301.80$298.501.1%

Housing

ItemHamiltonNational avg.Difference
Home Price $140,600.00$175,700.0020.0%
Avg. Mortgage Payment $827.91$1,081.0323.4%
Apartment Rent $599.00$920.0034.9%

Transportation

ItemHamiltonNational avg.Difference
Gasoline $1.90$2.099.0%
Tire Balancing $36.67$45.2919.0%

Utilities

ItemHamiltonNational avg.Difference
All Electricity$137.03$170.8019.8%
Phone $30.99$28.269.7%
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.
Camden, MI56278-22%
Corunna, IN24378-22%
Ashley, IN1,25579-21%
Altona, IN25579-21%
Butler, IN2,90880-20%
Hamilton, IN1,74488-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Glouster, OH1,74579-21%
Prosperity, WV1,74587-13%
Devens, MA1,74512222%
Albany, KY1,74376-24%
Mont Alto, PA1,74397-3%
Hamilton, IN1,74488-12%
Source: The Hamilton, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.