Terre Haute 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.
IndexTerre HauteIndianaNational
Cost of living index8387100
IndexTerre HauteIndianaNational
Goods & Services index9594100
Groceries index9694100
Health care index9695100
Housing index5273100
Transportation index9792100
Utilities index10590100
A general overview of the cost of living index for Terre Haute, IN is displayed above. In Terre Haute, IN, the overall cost of living index is 83, which is 4% lower than the Indiana average and 17% 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 Terre Haute, 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 Terre Haute is 4% lower than the Indiana average.
  • The cost of living in Terre Haute is 17% lower than the national average.
  • The cost of housing in Terre Haute 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.

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Compare Terre Haute, IN Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Terre Haute, 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 Terre Haute, IN, then you would need to earn more income in order to maintain the same standard of living. To use the Terre Haute, 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$46,735$3,895$1,090$1,402
Renters$22,663$1,889$529$680
One can approximate the cost of living and the housing affordability in Terre Haute, 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 Terre Haute, IN have a median income of $46,735. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,090 per month to avoid calamity and poverty. The renters in the city have an income of about $22,663, which would make their monthly maximum allowable rental costs $529.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%
One thing to keep in mind when considering the cost of living in Terre Haute, 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

ItemTerre HauteNational avg.Difference
Haircut $9.67$15.5637.9%
Beauty Salon $27.50$36.1123.8%
Toothpaste $2.43$2.471.7%
Shampoo $0.91$0.966.0%
Movie $5.99$10.1340.8%
Bowling $4.00$4.7415.5%

Groceries

ItemTerre HauteNational avg.Difference
Ground Beef $3.24$3.9818.6%
Fried Chicken $1.15$1.4118.5%
Milk $1.38$2.0633.1%
Potatoes $2.76$2.987.3%
Pizza $9.92$9.474.8%
Beer $8.47$8.793.6%

Health Care

ItemTerre HauteNational avg.Difference
Optometrist $104.67$101.043.6%
Doctor $103.22$107.443.9%
Dentist $81.05$90.4210.4%
Ibuprofen $9.15$9.281.4%
Lipitor $433.19$426.501.6%

Housing

ItemTerre HauteNational avg.Difference
Home Price $75,900.00$175,700.0056.8%
Avg. Mortgage Payment $804.60$1,133.2329.0%
Apartment Rent $664.00$920.0027.8%

Transportation

ItemTerre HauteNational avg.Difference
Gasoline $1.93$1.993.0%
Tire Balancing $43.66$45.764.6%

Utilities

ItemTerre HauteNational avg.Difference
All Electricity$159.06$163.812.9%
Phone $32.99$28.3916.2%
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.
Toad Hop, IN6997-3%
Dresser, IN13170-30%
Blanford, IN28479-21%
Clinton, IN4,82180-20%
St. Mary of the Woods, IN72280-20%
Terre Haute, IN61,04083-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
The Villages, FL61,0461088%
Burnsville, MN61,0591088%
Encinitas, CA61,00818080%
Vineland, NJ60,9851055%
Monterey Park, CA60,96614949%
Terre Haute, IN61,04083-17%
Source: The Terre Haute, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.