Ligonier 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.
IndexLigonierIndianaNational
Cost of living index8188100
IndexLigonierIndianaNational
Goods & Services index9695100
Groceries index9292100
Health care index9295100
Housing index5273100
Transportation index8893100
Utilities index9393100
A general overview of the cost of living index for Ligonier, IN is displayed above. In Ligonier, IN, the overall cost of living index is 81, which is 8% lower than the Indiana average and 19% 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 Ligonier, 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 Ligonier is 8% lower than the Indiana average.
  • The cost of living in Ligonier is 19% lower than the national average.
  • The cost of housing in Ligonier is 48% 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.

Find Real Estate Listings In Ligonier

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Ligonier

Compare Ligonier, IN Cost of living To Other Cities

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
Use the salary calculator to compare your current income in Ligonier, IN to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Ligonier, IN, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Ligonier, IN salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$46,386$3,866$1,082$1,392
Renters$27,718$2,310$647$832
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Ligonier, IN, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Ligonier, IN homeowners have a median income of $46,386. Using that number, you will come up with a maximum of $1,082 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $27,718, which means there is a maximum of $647 to be spent on the costs of renting a home or apartment.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%
When assessing the complete cost of living in Ligonier, IN, the Indiana income tax and the Indiana sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Indiana maximum surtax is 7%, and the Indiana sales tax is 7%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3.3% to 3.3% in Indiana.

Goods & Services

ItemLigonierNational 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

ItemLigonierNational 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

ItemLigonierNational 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

ItemLigonierNational avg.Difference
Home Price $82,900.00$175,700.0052.8%
Avg. Mortgage Payment $827.91$1,081.0323.4%
Apartment Rent $584.00$920.0036.5%

Transportation

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

Utilities

ItemLigonierNational 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.
Kimmell, IN47378-22%
Cromwell, IN49681-19%
Wolcottville, IN86481-19%
Topeka, IN1,01082-18%
Albion, IN2,34782-18%
Ligonier, IN4,34481-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mont Belvieu, TX4,3431033%
Soldotna, AK4,34512121%
California, MO4,34284-16%
Fayetteville, NY4,3421022%
Oak View, CA4,34713636%
Ligonier, IN4,34481-19%
Source: The Ligonier, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.