Huntington 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.
IndexHuntingtonIndianaNational
Cost of living index8187100
IndexHuntingtonIndianaNational
Goods & Services index9794100
Groceries index9094100
Health care index9095100
Housing index5173100
Transportation index9292100
Utilities index9090100
The above illustration supplies generalized information for the Huntington, IN cost of living index. Compared to other cities in Indiana and cities across the country, the cost of living index in Huntington, IN is 81, which is 7% lower than the Indiana average and 19% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Huntington, IN are 3% higher than the average for Indiana and 4% lower than the rest of the country.

Did you know?

  • The cost of living in Huntington is 7% lower than the Indiana average.
  • The cost of living in Huntington is 19% lower than the national average.
  • The cost of housing in Huntington is 49% 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 allows you to compare how much your current salary in Huntington, 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 Huntington, IN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Huntington, 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$47,193$3,933$1,101$1,416
Renters$28,026$2,336$654$841
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 Huntington, 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. Huntington, IN has a median income of about $47,193 for people who own homes. Based on that number, a person should spend a maximum of $1,101 on expenses related to housing. Renters have a slightly different median income, which is $28,026. Based on this average, renters should spend no more than $654 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%
For those who live in Huntington, IN and want to know what the true cost of living is, they ought to look at both the Indiana income tax rate and the Indiana sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Indiana, the sales tax is 7%, while the most you'll pay in surtax is 7%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Indiana, the income tax rate ranges between 3.3% to 3.3%.

Goods & Services

ItemHuntingtonNational avg.Difference
Haircut $16.11$15.563.5%
Beauty Salon $25.00$36.1130.8%
Toothpaste $2.44$2.471.3%
Shampoo $0.78$0.9618.8%
Movie $10.25$10.131.2%
Bowling $3.49$4.7426.4%

Groceries

ItemHuntingtonNational avg.Difference
Ground Beef $3.58$3.9810.1%
Fried Chicken $1.05$1.4125.4%
Milk $1.74$2.0615.8%
Potatoes $2.93$2.981.9%
Pizza $9.67$9.472.0%
Beer $8.38$8.794.7%

Health Care

ItemHuntingtonNational avg.Difference
Optometrist $99.44$101.041.6%
Doctor $87.28$107.4418.8%
Dentist $85.65$90.425.3%
Ibuprofen $8.03$9.2813.4%
Lipitor $387.76$426.509.1%

Housing

ItemHuntingtonNational avg.Difference
Home Price $75,700.00$175,700.0056.9%
Avg. Mortgage Payment $835.59$1,133.2326.3%
Apartment Rent $651.00$920.0029.2%

Transportation

ItemHuntingtonNational avg.Difference
Gasoline $1.89$1.995.0%
Tire Balancing $38.96$45.7614.9%

Utilities

ItemHuntingtonNational avg.Difference
All Electricity$134.29$163.8118.0%
Phone $28.76$28.391.3%
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.
Lagro, IN59476-24%
Mount Etna, IN8477-23%
Andrews, IN1,09978-22%
South Whitley, IN1,95681-19%
La Fontaine, IN77683-17%
Huntington, IN17,28481-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Clayton, NC17,2741011%
Jenison, MI17,27193-7%
Durango, CO17,26812323%
Buckhall, VA17,26513838%
North Babylon, NY17,26214444%
Huntington, IN17,28481-19%
Source: The Huntington, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.