Yorktown 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.
IndexYorktownIndianaNational
Cost of living index8988100
IndexYorktownIndianaNational
Goods & Services index9795100
Groceries index9592100
Health care index9895100
Housing index7473100
Transportation index9193100
Utilities index9493100
An overview of the general cost of living index for Yorktown, IN is displayed above for your reference. Residents in Yorktown, IN enjoy a cost of living index of 89. This index is 1% higher than the Indiana average, and 11% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Yorktown, IN, the average cost of goods and services is 2% higher than it is in Indiana, and it is 3% lower than the national average.

Did you know?

  • The cost of living in Yorktown is 1% higher than the Indiana average.
  • The cost of living in Yorktown is 11% lower than the national average.
  • The cost of housing in Yorktown is 26% 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 Yorktown, IN Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Yorktown, 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 Yorktown, IN, then you would need to earn more income in order to maintain the same standard of living. To use the Yorktown, 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$73,084$6,090$1,705$2,193
Renters$32,324$2,694$754$970
If you want to find a good determining factor for the cost of living and the general affordability of housing in Yorktown, IN, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Yorktown, IN, the median monthly income is $73,084 for those who own their own homes. Under the standard rule, that income level would allow for $1,705 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $32,324, per the median income in the area. That would allow for renters to spend up to $754 on monthly rental expenses.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%
The Indiana sales tax and Indiana income tax rates should definitely be considered when determining the overall cost of living in Yorktown, IN. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Indiana sales tax is 7% and the maximum surtax is 7%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Indiana income tax rates range from 3.3% to 3.3%.

Goods & Services

ItemYorktownNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $26.00$34.6825.0%
Toothpaste $1.91$2.4722.8%
Shampoo $0.91$1.0211.0%
Movie $8.50$9.8713.9%
Bowling $3.50$4.3920.3%

Groceries

ItemYorktownNational avg.Difference
Ground Beef $4.64$4.483.6%
Fried Chicken $1.14$1.4622.1%
Milk $2.20$2.366.6%
Potatoes $2.76$3.069.8%
Pizza $13.99$9.2451.4%
Beer $7.86$8.639.0%

Health Care

ItemYorktownNational avg.Difference
Optometrist $105.00$99.785.2%
Doctor $93.55$105.0310.9%
Dentist $88.00$88.700.8%
Ibuprofen $8.38$9.4111.0%
Lipitor $317.03$298.506.2%

Housing

ItemYorktownNational avg.Difference
Home Price $129,400.00$175,700.0026.4%
Avg. Mortgage Payment $823.57$1,081.0323.8%
Apartment Rent $685.00$920.0025.5%

Transportation

ItemYorktownNational avg.Difference
Gasoline $1.98$2.095.4%
Tire Balancing $36.64$45.2919.1%

Utilities

ItemYorktownNational avg.Difference
All Electricity$160.91$170.805.8%
Phone $26.65$28.265.7%
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.
Blountsville, IN10871-29%
Matthews, IN59779-21%
Springport, IN17473-27%
Albany, IN1,84974-26%
Chesterfield, IN2,52881-19%
Yorktown, IN11,26589-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Annapolis Neck, MD11,26614848%
Port Royal, SC11,2641066%
Rosaryville, MD11,26812727%
Lowes Island, VA11,25915353%
Lake Arrowhead, CA11,25512323%
Yorktown, IN11,26589-11%
Source: The Yorktown, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.