Liberty 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.
IndexLibertyIndianaNational
Cost of living index7688100
IndexLibertyIndianaNational
Goods & Services index8595100
Groceries index9192100
Health care index8295100
Housing index5573100
Transportation index8993100
Utilities index7893100

Did you know?

  • The cost of living in Liberty is 13% lower than the Indiana average.
  • The cost of living in Liberty is 24% lower than the national average.
  • The cost of housing in Liberty is 45% 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$48,375$4,031$1,129$1,451
Renters$25,417$2,118$593$763

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

ItemLibertyNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $22.00$34.6836.6%
Toothpaste $1.88$2.4724.0%
Shampoo $0.84$1.0217.8%
Movie $8.79$9.8710.9%
Bowling $3.50$4.3920.3%

Groceries

ItemLibertyNational avg.Difference
Ground Beef $4.14$4.487.5%
Fried Chicken $1.19$1.4618.7%
Milk $1.93$2.3618.1%
Potatoes $3.11$3.061.6%
Pizza $7.99$9.2413.6%
Beer $7.54$8.6312.7%

Health Care

ItemLibertyNational avg.Difference
Optometrist $58.00$99.7841.9%
Doctor $71.50$105.0331.9%
Dentist $69.75$88.7021.4%
Ibuprofen $8.36$9.4111.2%
Lipitor $323.26$298.508.3%

Housing

ItemLibertyNational avg.Difference
Home Price $84,400.00$175,700.0052.0%
Avg. Mortgage Payment $865.75$1,081.0319.9%
Apartment Rent $662.00$920.0028.0%

Transportation

ItemLibertyNational avg.Difference
Gasoline $1.94$2.097.3%
Tire Balancing $36.00$45.2920.5%

Utilities

ItemLibertyNational avg.Difference
All Electricity$149.16$170.8012.7%
Phone $18.44$28.2634.7%
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.
Mount Auburn, IN11671-29%
Milton, IN52173-27%
Laurel, IN47873-27%
Metamora, IN13573-27%
Connersville, IN13,26774-26%
Liberty, IN2,13976-24%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Albion, IL2,13979-21%
Cedar Grove, WI2,13998-2%
Whitwell, TN2,13983-17%
Lake Lotawana, MO2,13811919%
Windsor, VT2,1381066%
Liberty, IN2,13976-24%
Source: The Liberty, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.