Nappanee 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.
IndexNappaneeIndianaNational
Cost of living index8488100
IndexNappaneeIndianaNational
Goods & Services index8895100
Groceries index9092100
Health care index9295100
Housing index6573100
Transportation index11293100
Utilities index8493100
A general overview of the cost of living index for Nappanee, IN is displayed above. In Nappanee, IN, the overall cost of living index is 84, which is 5% lower than the Indiana average and 16% 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 Nappanee, IN, the city's goods and services are 7% lower than the Indiana average and 12% lower than the U.S. average.

Did you know?

  • The cost of living in Nappanee is 5% lower than the Indiana average.
  • The cost of living in Nappanee is 16% lower than the national average.
  • The cost of housing in Nappanee is 35% 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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Compare Nappanee, IN Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Nappanee, IN to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Nappanee, IN, then you would need to earn more income in order to maintain the same standard of living. To use the Nappanee, IN salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,684$4,724$1,323$1,701
Renters$30,967$2,581$723$929
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Nappanee, IN as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Nappanee, IN homeowners, is $56,684. This would allow for a maximum of $1,323 per month to be spent on housing costs. For renters, the median monthly income is $30,967 which would result in a maximum of $723 to be spent on rental costs.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%
When considering the overall cost of living expenses in Nappanee, IN, it's important to take into account the sales tax for Indiana, as well as the rate for income tax in Indiana. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Indiana is 7%, and the sales tax in the state of Indiana is 7%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Indiana starts from 3.3% and goes up to 3.3%.

Goods & Services

ItemNappaneeNational avg.Difference
Haircut $16.50$14.5913.1%
Beauty Salon $29.00$34.6816.4%
Toothpaste $2.03$2.4717.9%
Shampoo $0.88$1.0213.9%
Movie $8.15$9.8717.4%
Bowling $3.31$4.3924.6%

Groceries

ItemNappaneeNational avg.Difference
Ground Beef $4.39$4.481.9%
Fried Chicken $1.54$1.465.2%
Milk $1.95$2.3617.3%
Potatoes $2.68$3.0612.5%
Pizza $8.99$9.242.7%
Beer $8.45$8.632.1%

Health Care

ItemNappaneeNational avg.Difference
Optometrist $104.33$99.784.6%
Doctor $108.67$105.033.5%
Dentist $81.00$88.708.7%
Ibuprofen $8.24$9.4112.5%
Lipitor $229.33$298.5023.2%

Housing

ItemNappaneeNational avg.Difference
Home Price $122,100.00$175,700.0030.5%
Avg. Mortgage Payment $883.48$1,081.0318.3%
Apartment Rent $498.00$920.0045.9%

Transportation

ItemNappaneeNational avg.Difference
Gasoline $2.61$2.0924.9%
Tire Balancing $34.00$45.2924.9%

Utilities

ItemNappaneeNational avg.Difference
All Electricity$137.40$170.8019.6%
Phone $25.01$28.2611.5%
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.
Etna Green, IN67979-21%
Argos, IN1,78380-20%
Lakeville, IN85680-20%
Bourbon, IN1,68781-19%
Milford, IN1,61582-18%
Nappanee, IN6,63984-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Manorhaven, NY6,63816565%
Cochituate, MA6,63716464%
Valley City, ND6,63685-15%
East Shoreham, NY6,63615757%
Red Chute, LA6,64396-4%
Nappanee, IN6,63984-16%
Source: The Nappanee, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.