Knightstown 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.
IndexKnightstownIndianaNational
Cost of living index8288100
IndexKnightstownIndianaNational
Goods & Services index9895100
Groceries index9492100
Health care index9995100
Housing index5173100
Transportation index9293100
Utilities index9193100

Did you know?

  • The cost of living in Knightstown is 6% lower than the Indiana average.
  • The cost of living in Knightstown is 18% lower than the national average.
  • The cost of housing in Knightstown 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$47,361$3,947$1,105$1,421
Renters$16,652$1,388$389$500

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

ItemKnightstownNational avg.Difference
Haircut $19.60$14.5934.3%
Beauty Salon $29.80$34.6814.1%
Toothpaste $2.34$2.475.4%
Shampoo $1.03$1.020.8%
Movie $10.53$9.876.7%
Bowling $4.30$4.392.1%

Groceries

ItemKnightstownNational avg.Difference
Ground Beef $4.34$4.483.1%
Fried Chicken $1.18$1.4619.4%
Milk $1.96$2.3616.8%
Potatoes $2.86$3.066.6%
Pizza $8.99$9.242.7%
Beer $7.98$8.637.6%

Health Care

ItemKnightstownNational avg.Difference
Optometrist $84.30$99.7815.5%
Doctor $96.50$105.038.1%
Dentist $87.80$88.701.0%
Ibuprofen $8.69$9.417.7%
Lipitor $335.04$298.5012.2%

Housing

ItemKnightstownNational avg.Difference
Home Price $83,900.00$175,700.0052.2%
Avg. Mortgage Payment $821.91$1,081.0324.0%
Apartment Rent $542.00$920.0041.1%

Transportation

ItemKnightstownNational avg.Difference
Gasoline $2.01$2.093.9%
Tire Balancing $36.41$45.2919.6%

Utilities

ItemKnightstownNational avg.Difference
All Electricity$156.80$170.808.2%
Phone $25.68$28.269.1%
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.
New Castle, IN17,85974-26%
Cadiz, IN16274-26%
Carthage, IN76781-19%
Dunreith, IN20374-26%
Arlington, IN47181-19%
Knightstown, IN2,05582-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Long Beach, MD2,05512222%
Farmer City, IL2,05489-11%
New Carlisle, IN2,05686-14%
Hurlock, MD2,0561000%
South Greensburg, PA2,05690-10%
Knightstown, IN2,05582-18%
Source: The Knightstown, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.