Hartford City 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.
IndexHartford CityIndianaNational
Cost of living index7888100
IndexHartford CityIndianaNational
Goods & Services index9695100
Groceries index9292100
Health care index9295100
Housing index4373100
Transportation index8893100
Utilities index9393100
A general overview of the cost of living index for Hartford City, IN is displayed above. In Hartford City, IN, the overall cost of living index is 78, which is 11% lower than the Indiana average and 22% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Hartford City, IN, the city's goods and services are 1% higher than the Indiana average and 5% lower than the U.S. average.

Did you know?

  • The cost of living in Hartford City is 11% lower than the Indiana average.
  • The cost of living in Hartford City is 22% lower than the national average.
  • The cost of housing in Hartford City is 57% 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
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Cost of living index
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Groceries index
Health care index
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Transportation index
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The salary calculator allows you to compare how much your current salary in Hartford City, 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 Hartford City, IN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Hartford City, 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$42,721$3,560$997$1,282
Renters$24,144$2,012$563$724
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 Hartford City, 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. Hartford City, IN has a median income of about $42,721 for people who own homes. Based on that number, a person should spend a maximum of $997 on expenses related to housing. Renters have a slightly different median income, which is $24,144. Based on this average, renters should spend no more than $563 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%
One thing to keep in mind when considering the cost of living in Hartford City, IN is the Indiana sales tax and Indiana income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Indiana sales tax rate is 7% and the maximum surtax that can be charged is 7%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Indiana income tax rates range from 3.3% to 3.3%.

Goods & Services

ItemHartford CityNational 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

ItemHartford CityNational 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

ItemHartford CityNational 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

ItemHartford CityNational avg.Difference
Home Price $58,500.00$175,700.0066.7%
Avg. Mortgage Payment $827.91$1,081.0323.4%
Apartment Rent $592.00$920.0035.7%

Transportation

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

Utilities

ItemHartford CityNational 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.
Poneto, IN14876-24%
Landess, IN33076-24%
Pennville, IN80677-23%
Matthews, IN59779-21%
Redkey, IN1,33772-28%
Hartford City, IN6,16678-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Woodfin, NC6,16795-5%
Lucas Valley-Marinwood, CA6,16819494%
Talent, OR6,1641099%
Hidden Valley Lake, CA6,16812020%
Lee Acres, NM6,16487-13%
Hartford City, IN6,16678-22%
Source: The Hartford City, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.