Spiceland 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.
IndexSpicelandIndianaNational
Cost of living index7788100
IndexSpicelandIndianaNational
Goods & Services index8595100
Groceries index9192100
Health care index8295100
Housing index5873100
Transportation index8993100
Utilities index7893100

Did you know?

  • The cost of living in Spiceland is 12% lower than the Indiana average.
  • The cost of living in Spiceland is 23% lower than the national average.
  • The cost of housing in Spiceland is 42% 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$50,156$4,180$1,170$1,505
Renters$23,000$1,917$537$690

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

ItemSpicelandNational 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

ItemSpicelandNational 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

ItemSpicelandNational 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

ItemSpicelandNational avg.Difference
Home Price $81,100.00$175,700.0053.8%
Avg. Mortgage Payment $865.75$1,081.0319.9%
Apartment Rent $785.00$920.0014.7%

Transportation

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

Utilities

ItemSpicelandNational 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%
Springport, IN17473-27%
Milton, IN52173-27%
New Castle, IN17,85974-26%
Cadiz, IN16274-26%
Spiceland, IN90077-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lompico, CA90012626%
Coyne Center, IL90088-12%
Carpendale, WV90092-8%
Diamond, MO90083-17%
King Cove, AK90011717%
Spiceland, IN90077-23%
Source: The Spiceland, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.