Monroe Park 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.
IndexMonroe ParkSouth BendIndiana
Cost of living index818289
IndexMonroe ParkSouth BendIndiana
Goods & Services index979798
Groceries index939394
Health care index10110193
Housing index505372
Transportation index989896
Utilities index848494

Did you know?

  • The cost of living in Monroe Park is 9% lower than the South Bend average.
  • The cost of living in Monroe Park is 19% lower than the national average.
  • The cost of housing in Monroe Park is 50% 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 South Bend, IN Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Household$28,015$2,335$654$841

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

ItemSouth BendNational avg.Difference
Haircut $14.66$16.098.8%
Beauty Salon $31.33$37.3316.1%
Toothpaste $2.01$2.4518.0%
Shampoo $0.79$1.0021.0%
Movie $7.62$10.2825.8%
Bowling $3.00$4.9339.1%

Groceries

ItemSouth BendNational avg.Difference
Ground Beef $2.97$3.8022.0%
Fried Chicken $1.28$1.408.4%
Milk $1.80$2.0110.5%
Potatoes $3.19$3.016.0%
Pizza $9.82$9.890.6%
Beer $8.63$8.903.0%

Health Care

ItemSouth BendNational avg.Difference
Optometrist $110.67$102.168.3%
Doctor $115.00$108.366.1%
Dentist $89.94$92.532.8%
Ibuprofen $8.27$9.2810.9%
Lipitor $428.46$425.820.6%

Housing

ItemSouth BendNational avg.Difference
Home Price $80,500.00$184,700.0056.4%
Avg. Mortgage Payment $1,315.59$1,202.449.4%
Apartment Rent $710.00$949.0025.2%

Transportation

ItemSouth BendNational avg.Difference
Gasoline $2.25$2.240.5%
Tire Balancing $43.33$46.296.4%

Utilities

ItemSouth BendNational avg.Difference
All Electricity$134.83$165.9618.8%
Phone $25.07$28.6812.6%
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.
Niles, MI11,37981-19%
Roseland, IN48982-18%
Edwardsburg, MI1,26987-13%
North Liberty, IN1,91683-17%
Elkhart, IN52,37887-13%
South Bend, IN101,03782-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Jurupa Valley, CA100,73712020%
Las Cruces, NM101,45991-9%
Hillsboro, OR100,46211717%
Erie, PA100,15786-14%
Tyler, TX101,94691-9%
South Bend, IN101,03782-18%
Source: The Monroe Park, South Bend, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.