Melody Hill 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.
IndexMelody HillIndianaNational
Cost of living index9888100
IndexMelody HillIndianaNational
Goods & Services index9295100
Groceries index9392100
Health care index9295100
Housing index10573100
Transportation index9293100
Utilities index11493100
The above illustration supplies generalized information for the Melody Hill, IN cost of living index. Compared to other cities in Indiana and cities across the country, the cost of living index in Melody Hill, IN is 98, which is 12% higher than the Indiana average and 2% 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 Melody Hill, IN are 3% lower than the average for Indiana and 8% lower than the rest of the country.

Did you know?

  • The cost of living in Melody Hill is 12% higher than the Indiana average.
  • The cost of living in Melody Hill is 2% lower than the national average.
  • The cost of housing in Melody Hill is 5% higher 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 Melody Hill, 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 Melody Hill, IN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Melody Hill, 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)
One can approximate the cost of living and the housing affordability in Melody Hill, IN by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Melody Hill, IN have a median income of $71,715. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,673 per month to avoid calamity and poverty. The renters in the city have an income of about $21,354, which would make their monthly maximum allowable rental costs $498.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Melody Hill, 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

ItemMelody HillNational avg.Difference
Haircut $15.17$14.594.0%
Beauty Salon $34.60$34.680.2%
Toothpaste $1.76$2.4728.8%
Shampoo $0.75$1.0226.6%
Movie $9.84$9.870.3%
Bowling $2.92$4.3933.5%


ItemMelody HillNational avg.Difference
Ground Beef $3.73$4.4816.7%
Fried Chicken $1.33$1.469.2%
Milk $2.01$2.3614.7%
Potatoes $3.18$3.063.9%
Pizza $8.16$9.2411.7%
Beer $8.14$8.635.7%

Health Care

ItemMelody HillNational avg.Difference
Optometrist $107.00$99.787.2%
Doctor $93.00$105.0311.5%
Dentist $75.67$88.7014.7%
Ibuprofen $8.78$9.416.7%
Lipitor $301.70$298.501.1%


ItemMelody HillNational avg.Difference
Home Price $147,600.00$175,700.0016.0%
Avg. Mortgage Payment $937.81$1,081.0313.2%
Apartment Rent $1,406.00$920.0052.8%


ItemMelody HillNational avg.Difference
Gasoline $1.91$2.098.7%
Tire Balancing $43.12$45.294.8%


ItemMelody HillNational avg.Difference
All Electricity$182.62$170.806.9%
Phone $35.01$28.2623.9%
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.
Cynthiana, IN59279-21%
Spottsville, KY19083-17%
Boonville, IN6,22084-16%
Lynnville, IN1,01184-16%
Elberfeld, IN69184-16%
Melody Hill, IN3,82498-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
North River Shores, FL3,8241099%
Shrewsbury, PA3,8271022%
Bagdad, FL3,82788-12%
West End-Cobb Town, AL3,82177-23%
Hardwick, GA3,82879-21%
Melody Hill, IN3,82498-2%
Source: The Melody Hill, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.